WEEK FIVE Chapters 14, 20
Because the United States has an unemployment compensation program that provides
income for those out of work, why should we worry about unemployment?
How does unanticipated inflation hurt c
WEEK THREE Chapters 13, 15, 16
Which of the following are included in this years GDP? Explain your answer in each
a. The services of a commercial painter in painting the family home.
b. An auto dealers sale of a new car to a
WEEK FOUR Chapters 17, 18, 19
What are the three basic functions of money? Describe how rapid inflation can
undermine moneys ability to perform each of the three functions.
How do each of the following relate to the
WEEK TWO Chapters 10, 11, 12
Complete the labor demand table for a firm that is hiring labor competitively and selling
its product in a purely competitive market.
a. How many workers will the firm hire if the market wage rate is $