It is possible that an increase in wages will lead to a decrease in the quantity of labor supplied.
Answer the following statement true (T) or false (F)
True
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In recent years, redistribution has been the fastest growing category of federal government outlays
a. True b. False
The city of Burgersville has 100 restaurants specializing in hamburgers. Each one tries to do its own special take on the hamburger, as well as having its own decorative and advertising styles. This ______________ creates monopolistic competition.
a. distinctiveness b. similarity c. imperfectly competitive market d. perfectly competitive market
The U.S. real interest rate rises relative to Japan's. As a result,
A) the yen will depreciate and the dollar will appreciate. B) the yen will appreciate and the dollar will depreciate. C) both the dollar and the yen will depreciate. D) both the dollar and the yen will appreciate.
Explain why credit cards are not considered money even though people seem to use them like money.
What will be an ideal response?