The reversal of fortune is strong evidence against the:
A) religious hypothesis of economic prosperity. B) geography hypothesis of economic prosperity.
C) culture hypothesis of economic prosperity. D) institutions hypothesis of economic prosperity.
B
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Estimating the value of an injured or deceased person's life by calculating what he or she would have earned over the remainder of his or her life is called the
A) compensating differential approach. B) death-and-taxes approach. C) lost-income approach. D) earnings-bracket approach.
If there is an improvement in technology that affects only Aggregate Supply and a nation's wealth falls due to a sagging stock market, then:
a. Price index rises, and real GDP rises. b. Price index rises, and real GDP falls. c. Price index rises, and the change in real GDP is uncertain. d. Price index falls, and real GDP rises. e. Price index falls, and the change in real GDP is uncertain.
If a bank desires to hold no excess reserves, the reserve requirement is 8 percent, and it receives a new deposit of $500,
a. its required reserves increase by $40. b. its total reserves initially increase by $460. c. it will be able to make a new loan of up to $492. d. All of the above are correct.
The heart of job analysis is _____ data.
A. job content B. job identification C. employee knowledge and skills D. tasks and experience