The unemployment rate may overestimate the true extent of unemployment if:

a. manypart-time employees would like to work full-time, but are unable toget the additionalwork.
b. manypeople become discouraged and cease looking for work.
c. peoplefalsely claim that they are actively seeking work in order toreceive unemployment benefits.
d. manypeople who claim to be unemployed actually work in the undergroundeconomy.
e. eitherc. or d. occurs.

If the economy were in the contracting phase of the business cycle, how might that affect your ability to find work?

Assume that a local bank sells two services, checking accounts and atm card services. the bank’s only two customers are mr. donethat and ms. beenthere. mr. donethat is willing to pay $8 a month for the bank to service his checking account and $2 a month for unlimited use of his atm card. ms. beenthere is willing to pay only $5 for a checking account, but is willing to pay $9 for unlimited use of her atm card. assume that the bank can provide each of these services at zero marginal cost. refer to scenario 17-5. if the bank is unable to use tying, what is the profit-maximizing price to charge for a checking account

Using the smith's bbq report, the cost of wine for next week will increase by 2% from the current week. if all other cost of sales stays constant, what will be the approximate total cost of sales for next week?