Indirect stock ownership is used to hide information about actual stock ownership for purposes of income tax evasion

Indicate whether the statement is true or false


F

Economics

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The introduction of word processing software that increases the demand for workers with computer skills relative to those without such skills is an example of:

A. skill-biased technological change. B. increasing reservation prices. C. the diminishing marginal product of labor. D. globalization.

Economics

If the individuals in a group of consumers all have homothetic tastes, then we can treat the group as a single representative consumer.

Answer the following statement true (T) or false (F)

Economics

Justin is trying to decide whether he wants to spend a $50 birthday check on a new DVD player or tickets to a concert. If he chooses the DVD player, what is the opportunity cost of this decision?

A. Birthday check B. DVD player C. Concert tickets D. $50

Economics

One reason stagflation is difficult to recover from is because:

A. less output requires less inputs to be hired. B. prices tend to adjust more quickly downward than upward. C. wages are sticky downward. D. input prices increase with output prices.

Economics