A bowed Production Possibilities Curve (PPC) indicates

A) inefficient production.
B) that the trade-off between the 2 goods is not constant.
C) changing technology.
D) only 1 good is always being produced.

B

Economics

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The most basic cause of unemployment in the United States is that

A) the natural rate of unemployment is much higher than zero. B) we are most of the time producing a real GDP below the natural real GDP. C) we are suffering from low productivity growth. D) we are converting from a predominantly industrial to a predominantly service-based economy. E) policymakers are constantly trying to hold down inflation.

Economics

Over-the-Rhine Cheese Corporation had a P/E ratio of 20, retained earnings of $0.80 per share and a dividend of $1.70 . What was its dividend yield?

a. 1.25%. b. 5.0%. c. 3.4%. d. 10.6%.

Economics