Refer to the information provided in Figure 2.4 below to answer the question(s) that follow. Figure 2.4According to Figure 2.4, an increase in unemployment may be represented by the movement from

As the real wage rate rises, the opportunity cost of

A) working rises. B) saving rises. C) leisure rises. D) buying goods and services rises. E) leisure falls.

If the annual interest rate is 9%, what would you expect to pay for a bond paying a lump sum of $10,000 in two years?

A) $8,417 B) $8,200 C) $10,000 D) $11,881