During the recessions of 2001 and 2008-09,
A) all measures of the unemployment rate (U-1 through U-6 ) increased.
B) only the broader measures of the unemployment rate increased.
C) only the narrower measures of the unemployment rate increased.
D) the labor force participation rate for women increased.
E) the labor force participation rate for men increased.
A
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U.S. tariffs on Canadian lumber have led to ________ production of lumber within the United States
A) the elimination of B) making illegal the C) an increase in D) a decrease in E) no change in
The figure above shows a perfectly competitive firm. If the market price is $20 per unit, then the firm produces ________ units and makes an economic profit that is ________
A) more than 30; more than $100 B) 30; more than $100 C) 20; less than $400 D) 0; zero E) 30; zero