A ________ demand curve for shampoo would be caused by a change in the price of shampoo
A) rightward shift of the
B) leftward shift of the
C) movement along the
D) positively sloped
Answer: C
You might also like to view...
Suppose the marginal product of labor (MPL) is greater than the real wage. If the real wage remains constant, then we should expect ________
A) an increase in employment and decrease in the MPL B) an increase in the supply of labor and decrease in the MPL C) an increase in leisure and no change in the MPL D) an increase in the supply of labor and no change in the MPL
Lenders are typically compensated for the risk of default with
A. Shares of the company's profits. B. Above-average interest rates. C. Dividend payments. D. Bonds.
Which of the following does purchasing-power parity conclude should equal 1?
a. both the nominal and the real exchange rate. b. the nominal exchange rate but not the real exchange rate c. the real exchange rate but not the nominal exchange rate d. neither the nominal exchange rate nor the real exchange rate
Because of discouraged workers, the unemployment rate
A. tends to behave very erratically. B. overstates the unemployment problem. C. understates the unemployment problem. D. None of the choices are correct.