Acompany's normal selling price for its product is $20 per unit. however, due to market competition, the selling price has fallen to $15 per unit. this company's current inventory consists of 200 units purchased at $16 per unit. replacement cost has fallen to $13 per unit. calculate the value of this company's inventory at the lower of cost or market. a) $2,550.
b) $2,600.
c) $2,700.
d) $3,000.
e) $3,200.

Assume that the following conditions exist: a. all banks are fully loaned up- there are no excess reserves, and desired excess reserves are always zero. b. the money multiplier is 5 .     c. the planned investment schedule is such that at a 4 percent rate of interest, investment =$1450 billion. at 5 percent, investment is $1420 billion. d. the investment multiplier is 3 . e.. the initial equilibrium level of real gdp is $12 trillion. f. the equilibrium rate of interest is 4 percent now the fed engages in contractionary monetary policy. it sells $1 billion worth of bonds, which reduces the money supply, which in turn raises the market rate of interest by 1 percentage point. calculate the decrease in money supply after fed's sale of bonds: $nothing billion.

Which of the following constitute the types of unemployment occurring at the natural rate of unemployment? a. frictional and cyclical unemployment.b. structural and frictional unemployment.c. cyclical and structural unemployment.d. frictional, structural, and cyclical unemployment.

Experienced problem solvers always consider both the value and units of their answer to a problem. why?