Suppose that the markup of goods prices over marginal cost is 5%, and that the wage-setting equation is W = P(1 − u) where u is the unemployment rate. 1. What is the real wage, as determined by the price-setting equation? 2. What is the natural rate of unemployment? 3. Suppose that the markup of prices over costs increases to 10%. What happens to the natural rate of unemployment? Explain the logic behind your answer.

The era of venture capitalists doling out large sums of money to startups is a. just beginning b. on the rise c. over d. fading

The quinoa seed is in high demand in wealthier countries such as the u.s. and japan. approximately 97% of all quinoa production comes from small farmers in bolivia and peru who farm at high elevations—8,000 feet or higher. the seed is considered highly nutritious. mostly grown and harvested in bolivia and peru, and sold to markets in other countries, the seed is now considered an important for these nations. the governments of bolivia and peru are hopeful that this product will increase the quality of life of their farmers.

According to the naeyc curriculum is effective when all of the following occur except