Category: Uncategorized

Of all the categories of unemployment, most unemployed persons fall into the category of

Exhibit 4-3Refer to Exhibit 4-3. If price P1 is a price ceiling, then

Exhibit 2-6Refer to Exhibit 2-6.  Which graph depicts the result of an increase in the unemployment rate?

Which of the following would NOT be considered a macroeconomic topic?

What is the most prominent rationing device you will likely find at your campus bookstore?

Exhibit 5-3Refer to Exhibit 5-3 which shows the demand and supply of a college athlete.  Suppose that NCAA rules limit the amount that the college can pay this athlete, such that their payment can not exceed the cost of attending the college (currently, $8,000).  What is the consumers’ surplus for the college (with respect to this one athlete)?

A person goes into a store and buys a computer for $1,210. In this case, price is acting as a

An increase in the number of buyers in a particular market will result in a

University A sets tuition at the equilibrium level based on price and then imposes entrance requirements in the form of minimum high school GPA and SAT scores. Enrollment at this school will likely be

Which of the following is a positive macroeconomics statement?