1. Jason needs to acquire funds in order to grow his business. He does not want to give up control of the business, but he has poor credit. What should Jason do to acquire funds to expand the business?

a. Take out a bank loan.

b. All choices are equally feasible.

c. Issue bonds to investors.

d. Issue stock to investors.

2. Michigan currently has a 1% unemployment rate, which is 50,000 unemployed workers. After stagnant growth, 25,000 of the 50,000 workers decide to leave the labor force permanently. If no new workers enter or join the labor force and the unemployed workers remain unemployed, will the unemployment rate be greater or less than 1%?

a. It will be greater than 1%.

b. It will be less than 1%.

c. There is no change in the unemployment rate.

d. There is not enough information to determine the change in unemployment.