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in which phase of the business cycle will the economy most likely experience rising real output and falling unemployment rates?

which of the following best explains why resources need to be allocated in the game of economics? A) natural resources are often found in places far from where they are used for production B) if sufficient resources are not set aside for future

Dave bought a rental property for $490,000 cash. one year later, he sold it for $500,000. what was the percentage return on his $490,000 investment?

If the retail price of gasoline is $3.00 per gallon, what is the value of the truck's full load of gasoline?

A talented musician plays for tips on the street but never seems to make very much money. Which of the following economic concepts would explain why his tip jar is never very full?

Which of the following statements is correct? A. The deduction for personal and dependency exemptions is not permitted in calculating the AMT. B. Therefore, in converting regular taxable income to AMTI, a positive adjustment is required. C.

The unemployment rate is an important economic statistic that can tell us about the health of the economy. If the unemployment rate turns out to be high or higher than anticipated, we would expect:

A purely competitive wheat farmer can sell any wheat he grows for $25 per bushel. His five acres of land show diminishing returns because some are better suited for wheat production than others.

18. Callon Industries has projected sales of 67,000 machines for 2012. The estimated January 1, 2012, inventory is 6,000 units, and the desired December 31, 2012, inventory is 15,000 units. What is the budgeted production (in units) for 2012?

Which of the following statements is true? (A) The expectations hypothesis indicates a flat yield curve if anticipated future short-term rates exceed current short-term rates.