The above table gives the demand schedule for Billy Bob's BBQ ribs. The demand for Billy Bob's ribs over the price range of $1 per pound to $3 per pound is

Like the monetarists, new classical economists favor

a. money growth aimed at achieving a nominal GDP target. b. discretionary policy action. c. a money growth rate that stabilizes output. d. a money growth rule that guides monetary policy.

The unemployment rate reported by the Bureau of Labor Statistics includes all of the following type of unemployment with the exception of

A) frictional unemployment. B) structural unemployment. C) hidden unemployment. D) cyclical unemployment.