An increase in the Z factors represents
A. a contractionary fiscal policy.
B. an easing of monetary policy.
C. an expansionary fiscal policy.
D. a tightening of monetary policy.
Answer: D
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____ experience lower rates of unemployment than do ____
a. High school graduates; college graduates b. College graduates; high school graduates c. Adult females; adult males d. Black males; white males
Samantha has been working for a law firm and earning an annual salary of $90,000 . She decides to open her own practice. Her annual expenses will include $15,000 for office rent, $3,000 for equipment rental, $1,000 for supplies, $1,200 for utilities, and a $35,000 salary for a secretary/bookkeeper. Samantha will cover her start-up expenses by cashing in a $20,000 certificate of deposit on which
she was earning annual interest of $1,000 . Assuming that there are no additional expenses, Samantha's annual explicit costs will equal a. $55,200 b. $221,400 c. $91,000 d. $146,200 e. $145,200
Direct controls have a clear advantage where
a. an emission is so dangerous that it is prohibited altogether. b. a sudden change in circumstances calls for prompt and substantial change in conduct. c. effective and dependable metering devices have not been invented or are prohibitively costly to install and operate. d. All of the above create an advantage.
If the percentage change in quantity demanded of a good is smaller than the percentage change in price, consumers are very price sensitive to the price change of the good
a. True b. False Indicate whether the statement is true or false