A firm will tend to select the least costly input combination to produce its output
a. True
b. False
Indicate whether the statement is true or false
True
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Which one of the following statements is the MOST accurate?
A) Given PUS, when the money supply rises, the dollar interest rate declines and the dollar depreciates against the euro. B) Given YUS, when the money supply rises, the dollar interest rate declines and the dollar depreciates against the euro. C) Given PUS and YUS, when the money supply decreases, the dollar interest rate declines and the dollar depreciates against the euro. D) Given PUS and YUS, when the money supply rises, the dollar interest rate declines and the dollar appreciates against the euro. E) Given PUS and YUS, when the money supply rises, the dollar interest rate declines and the dollar depreciates against the euro.
If a 10-year Treasury bond pays 1.5% and a 10-year corporate bond pays 4.4%, then the spread on this particular corporate bond is 5.9%
a. True b. False Indicate whether the statement is true or false
The "law of supply" states that, other things remaining the same, firms produce
A) more of a good the less it costs to produce it.
B) less of a good the more it costs to produce it.
C) more of a good the higher its price.
D) less of a good as the required resources become scarcer
Which one of the following statements concerning employee discrimination is not true?
A. Workers accept the utility-maximizing job offer even when there is employee discrimination. B. Employee discrimination does not affect the profitability of firms as long as firms can employ segregated work forces. C. Employers have no reason to employ a segregated workforce if there is employee discrimination. D. Discriminating employees act as if their wage is less than it actually is if they are employed by a firm that has an integrated workforce. E. Employee discrimination will not produce a wage differential between equally skilled black and white workers.