Dent 'n' Scratch Used Cars and Trucks employs 3 salesmen. Data for their sales last month are shown in this table: Cars SoldTrucks SoldLarry105Joe99Ralph312 Based on last month's data, ________ has an absolute advantage in selling cars and ________ has an absolute advantage in selling trucks.
A. Joe; Joe
B. Larry; Joe
C. Larry; Ralph
D. Ralph; Larry
Answer: C
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An economy with an expansionary gap will, in the absence of stabilization policy, eventually experience a(n) ________ in the inflation rate, leading to a(n) ________ in output.
A. decrease; increase B. increase; increase C. decrease; decrease D. increase; decrease
Refer to Figure 18.7 below. The intercept point N is actually found by I 1 + I 0 (1 + r). The intercept point M is calculated by I 0 + I 1 /(1 + r). Show that the slope of the budget constraint is indeed 1-r| .
All of the following served to reduce labor market discrimination against women and minorities except
a. marriage bars. b. Title VII of the Civil Rights Act. c. Johnson's Office of Federal Contract Compliance Program. d. the Equal Pay Act of 1963.
A primary financial market is:
A. one in which newly issued securities are sold. B. a market only for AAA rated Securities. C. a market just for corporate stocks. D. the New York Stock Exchange.