Econ 175 Macro Final - 1 Figure 27-3 The following figure...

1 ﷒ Figure 27-3 The following figure shows the utility function for Paul.
Refer to Figure 27-3. Suppose Paul begins with $900 in wealth. Starting from there,
2. What is the future value of $450 at an interest rate of 9 percent two years from today?
3. David increases the number of companies in which he holds stocks. 4. A pharmaceutical company unexpectedly announces that it just developed an important new
drug. This news should
5. If the efficient market hypothesis is correct, then 6. Economists would predict that, other things the same, the more generous unemployment
compensation a country has, the
7.Which of the following is not correct?

8. Figure 28-4
Refer to Figure 28-4. If 4,000 workers are unemployed, then the minimum wage must be
9. Public policy can reduce the economy's natural rate of unemployment. 10. Matilda just graduated from college. In order to devote all her efforts to college, she didn't
hold a job. She is going to tour around the country on her motorcycle for a month before she
starts looking for work. Other things the same, the unemployment rate