The output of U.S. citizens who work in Canada would be included in the

The PPI is the

The concept of ________ is that the economic cost of using a factor of production is the alternative use of that factor that is given up.

What does the PPI measure?

The output of U.S. citizens who work in Canada would be included in the

Because workers in the United States work fewer hours per week, on average, than they did over 100 years ago

If in the market for bananas the supply curve has shifted to the right, then

The slope of a production possibilities frontier measures the ________ of producing one more unit of a good.

Refer to Table 2-2. Assume Nadia’s Neckwear only produces ascots and bowties. A combination of 24 ascots and 12 bowties would appear Table 2-2 Production choices for Nadia’s Neckwear Choice Quantity of Ascots Produced Quantity of Bowties Produced A 32 0 B 24 6 C 16 12 D 8 18 E 0 24

If the number employed is 190 million, the working-age population is 230 million, and the number unemployed is 10 million, then the unemployment rate is