31.All of the following are characteristic of weight-management programs based on cognitive behavioral therapy EXCEPT _____. a.they include regular exercise b.they offer realistic weight loss goals c.they offer problem-solving solutions to dietary practices that can be followed over a lifetime d.they cost a lot of money and are usually not offered to low-income families   32.Diabetes is diagnosed when fasting blood sugar is […]

    11) Suppose the labor force stays constant, and the working-age population stays constant, but a greater number of persons who were unemployed become employed. The labor force participation rate will A) increase. B) decrease. C) remain constant. D) not change in a way that can be predicted.   12) The unemployment rate equals the number of unemployed divided by the ________, all times […]

    31) In the circular flow model with the government sector, taxes A) flow in the opposite direction as do transfers. B) flow in the same direction as do transfers. C) on households flow in the same direction as do the goods and services. D) on firms flow in the same direction as do factors of production. E) flow from the goods market to […]

  31) Generally speaking, which of the following statements is true concerning product attributes? A) Tangible product attributes are more important than intangible ones. B) Intangible product attributes are more important than tangible ones. C) Both tangible and intangible product attributes are important. D) Neither tangible nor intangible product attributes are important. E) A product has more attributes than tangible and intangible ones. 32) Many […]

  21) The output gap is the A) measure of output that could have been produced if the economy were fully employed. B) dead-weight loss of inflation. C) difference between nominal and real output. D) percentage change in real GDP. E) difference between Y and Y*. 22) An output gap with Y < Y* A) is desirable because it keeps wage costs low. B) represents […]

  16.5   The Size of the Multiplier   1) Firms report that their workers are working no overtime. The government reports that the unemployment rate is 13.5%. In this situation, the multiplier is likely to be A) negative. B) large. C) small. D) zero.   2) As the economy ________, the size of the multiplier will become smaller. A) goes into a recession B) slows […]

  7.2   Where Demand Curves Come From 1) Refer to Figure 7-1. When the price of hoagies increases from $5.00 to $5.75, quantity demanded decreases from Q1 to Q0.  This change in quantity demanded is due to A) the price and output effects. B) the income and substitution effects. C) the fact that marginal willingness to pay falls. D) the law of diminishing marginal utility. […]

  72) If both the supply and demand curves shift simultaneously, we can always predict what will happen to A) both the price and the quantity. B) either the price or the quantity, but not both. C) only the price. D) only the quantity. E) neither the price nor the quantity.   73) A competitive market is in equilibrium. Then there is an increase in […]

  22.3   Developing-Country Borrowing and Debt   1) In developing economies, national saving is often ________ relative to developed economies. A) high B) the same C) hard to tell D) low E) low for the very poor countries and high for the more developed     2) The Convertibility Law of April 1991 in Argentina A) pegged the Argentinean currency to the US dollar at […]

  16.2   Single-Price Monopoly   1) The demand curve for a monopoly is A) horizontal because the demand is perfectly elastic. B) downward sloping. C) vertical because the demand is perfectly inelastic. D) upward sloping. E) undefined because it is the only supplier in the market. 2) If a monopoly wants to sell a greater quantity of output, it must A) lower its price. B) […]