1. All types of unemployment are natural except one, which is................................

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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1. All types of unemployment are natural except one, which is................................
2. In perfect competition market, a firm will make normal profit if the price intersects
with marginal cost (MC) at a level equal to....................
3. When the prices of inputs that are used to produce a good fall down, the supply will
..............................

4. The inferior good is the good that we demand more as our income .....................
5. In market equilibrium, when the price of complement in production decreases, the
price in the new equilibrium point will be ................
6. In market equilibrium, when the price of complement decreases, the new equilibrium
quantity will be ................
7. In market equilibrium, when demand decreases by equal magnitude to an increase in
supply, the equilibrium price will be ................
8. The demanded of a good ..................... if the price of complement good increases.
9. When nominal GDP in a given year is higher than real GDP, the inflation level
...............................
10. When production (Q) is equal to Labor (L) and Fixed cost (FC) is equal to Total cost (TC); then the value of the (Q) must be .............

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