True or false? when the economy is doing well, a significant share of unemployment is frictional.

What is the most important source of revenue and the major type of expenditure at the Federal level? At the state level? At the local level? At the Federal level, the most important source of revenue is the personal income tax.

Under what scenarios could a foodservice operation achieve excellent food and beverage cost percentages, yet incur excessively high labor costs?

A gain on sale of a plant asset occurs when the proceeds of the sale exceed the

Which activity does economics primarily study? a. keeping a account of total resources b. equitable distribution of resources c. best utilization of scarce resources d. creation of financial markets

Justin agrees to start a life-size portrait of Julia beginning November 2. On October 28 he writes to Julia that due to unforeseeable circumstances, he would not be able to perform his promise. Justin has used the doctrine of: quasi-contract.

Stock market crashes happen when the value of most of the stocks in the stock market increase at the same time. Question 10 options: True False

Marginal utility is the: A. sensitivity of consumer purchases of a good to changes in the price of that good. B. change in total utility obtained by consuming one more unit of a good.

You think that in 15 years it will cost $214,000 to provide your child with a 4-year collge education. Will you have enough if you take $75,000 toady and invest it for 15 years at 4%?

Define incentive. Provide an example of a financial and a non financial incentive ...

For several years policymakers have systematically boosted aggregate demand so that the economy is operating with very low unemployment and sustained inflation. If this sustained expansion to aggregate demand is halted, what is the likely result?