Exhibit 36-2 -Refer to Exhibit 36-2. If the Closing Price of Prancer's

question 37

Multiple Choice

Exhibit 36-2

-Refer to Exhibit 36-2. If the closing price of Prancer's stock on the previous day was $55.50, what value goes in blank (C) ?

• A)+0.75
• B)-0.50
• C)+0.50
• D)+0.25
• E)There is not enough information given to answer this question.

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Definitions:

Frictional Unemployment

Short-term unemployment that arises from the process of workers moving between jobs, including fresh entrants to the labor market.

Labor Unions

Organizations formed by workers from related fields that work for the collective rights of the members, including better wages, working conditions, and benefits.

Labor Supply

The total hours that workers are willing and able to work at a given wage rate.

Wages

Payments made to workers for their labor, typically calculated on an hourly, daily, or piecework basis.