When the economy is at full employment, which types of unemployment remain?

A. frictional and structural

B. cyclical and structural

C. frictional and cyclical

D. None of the above.

Jamie and Maria invested all their savings in a small pizzeria they opened outside the University of Western Kentucky. They operated the business as a general partnership.

Gross Domestic Product (GDP) is: A. the sum of all currency and coins in circulation. B. the value of all final goods and services produced by a government. C.

Economists have remained skeptical of the argument that the short-run Phillips curve is vertical for all of the following reasons except: A. workers and firms may not have rational expectations. B. workers and firms may have long term contracts. C.

Page Enterprises has bonds on the market making annual payments, with nine years to maturity, and selling for $948. At this price, the bonds yield 5.9 percent. What must the coupon rate be on the bonds?

Tell the substitution effect of a price change: A. dominates the income effect in the inferior good case. B. will always be lower than the income effect of the price change. C.

Marin Inc. has an investment in trading securities of $143000. This investment experienced an unrealized loss of $7300 during the current year.

Jim Bob Airlines has one 57 seat plane. On its last five flights it had 44 passengers from MSY to DFW, 49 passengers from DFW to OKL, 36 passengers from OKL to TUL, 30 passengers from TUL to FWB, and 49 passengers from FWB to MSY.

All of the following are stakeholders of a firm, except

A country currently has an outstanding debt of $45 billion. Its current-year expenditures are $12 billion and its tax revenue is $14 billion.

Yakov left his job as a plumber when his wife took a position in another region. the quantity of plumbing services demanded is considerably lower in the new region, in part because of high union-negotiated wages.