The united states' economy is considered to be at full employment when

A country that makes a product more inexpensively and efficiently than another country has

In the long run the market supplya. must always be horizontal. b. could be upward sloping if the cost of production falls as new firms enter the market. c. could be upward sloping if the cost of production rises as new firms enter the market. d.

Which of the follow statements are true of local taxes? a) Counties and cities may charge taxes. b) Your neighborhood may charge taxes. c) Local taxes could be sales tax. d) Local taxes are expressed as a percent.

The Business Auto Coverage Form covers all of the following, except: a. Owned private passenger autos b. Mobile equipment registered to drive on public roads c. Automatic coverage for physical damage to trailers d.

A new project would require an immediate increase in raw materials in the amount of $17,000. The firm expects that accounts payable will automatically increase $7,000.

When the federal funds rate increases, banks make: (a) fewer loans to ensure they do not run low on reserves. (b) fewer loans so they can worry less about borrowing reserves. (c) more loans so they can worry less about borrowing reserves.

Potential real gdp = $200 billion natural rate of unemployment = 6 percent actual rate of unemployment = 12 percent refer to the accompanying data, which is for a specific year in a hypothetical economy for which okun's law is applicable.

Assume that a $1,000 bond issued in 2015 pays $100 in interest each year. What is the current yield on the bond if it can be purchased for $1,200? Enter your answer in percent form and to one decimal place. For example, if your answer is 0.034 (3.

Flex Co. just paid total dividends of $975,000 and reported additions to retained earnings of $2,925,000. The company has 675,000 shares of stock outstanding and a benchmark PE of 16.9 times. What stock price would you consider appropriate?

Improving performance and striving for a better career is an example of ...