time left 0:41:28 question 1 not yet answered marked out of 1.00 flag question question text which one of the following is an example of a frictionally unemployed individual? select one: a. martin, who lacks the skills necessary to be employed as a machinist. b. lee, who lost his job as an art director because of a recession. c. jan, who has a ph.d. in economics, but is a bus driver. d. helena, who has just graduated from college and is searching for a job as an architect. question 2 not yet answered marked out of 1.00 flag question question text a monopoly responds to an increase in demand by price and output. select one: a. increasing; decreasing b. increasing; increasing c. decreasing; increasing d. decreasing, decreasing question 3 not yet answered marked out of 1.00 flag question question text according to the international trade effect, holding everything else unchanged, select one: a. an increase in net exports shifts the aggregate demand curve to the right. b. an increase in the domestic price level reduces net exports leading to a movement along the aggregate demand curve. c. an increase in the exchange rate shifts the aggregate demand curve to the right. d. an increase in the prices of foreign goods level reduces imports leading to a movement along the domestic economy's aggregate demand curve. question 4 not yet answered marked out of 1.00 flag question question text an oligopoly knows that its affect(s) its and that the of its rivals will affect it. select one: a. actions; rivals; reactions b. price changes ; total revenue in a positive way; reactions c. actions rarely; rivals; actions d. price increases; total revenue in the long run only; large but not small price changes question 5 not yet answered marked out of 1.00 flag question question text the natural rate of unemployment: i. includes frictional and structural unemployment. ii. is equal to zero when an economy is producing at a point on its production possibilities frontier. iii. is the unemployment rate that exists when the quantity of labor demanded is equal to the quantity of labor supplied. select one: a. i, ii, and iii b. i and ii only c. i and iii only d. ii and iii only question 6 not yet answered marked out of 1.00 flag question question text exhibittotalrevenuecostsprofit in this exhibit (total revenue, total costs, and economic profit), total revenue and total cost are equal at approximately pounds and $ . select one: a. 0; 300 b. 2,000; 1,200 c. 4,500; 1,300 d. 8,300; 2,250
