Holding other factors constant, if a larger proportion of the population enters the labor force as a result of a growing social acceptance of women working, then the real wages of workers will ________ and employment of workers will ________.
A. decrease; increase
B. increase; increase
C. increase; decrease
D. decrease; not change
Answer: A
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BBQ to Go is a large fast food restaurant chain with franchises located throughout the United States. BBQ to Go's advertising will likely focus on which of the following?
A) promoting BBQ locations in a specific state B) promoting a successful BBQ to Go location in Denver, Colorado C) promoting the benefits of eating BBQ to Go sandwiches D) promoting a struggling BBQ to Go location in Denver, Colorado
A company can protect against exchange rate risk
A) with a forward contract. B) by not having foreign operations. C) by hedging the price of its products. D) All of these choices is true.
Economists widely agree that the Consumer Price Index (CPI) understates the true U.S. inflation rate
a. True b. False
The total cost curve:
A. is always above the variable cost curve. B. is parallel to the variable cost curve. C. is the sum of the variable cost curve and fixed cost curve. D. All of these are true.