The ________ the defendant's assessment of the expected payment to the ________, the ________ likely the case will be settled.
A) larger; plaintiff; less
B) larger; plaintiff; more
C) smaller; judge; more
D) smaller; judge; less
B) larger; plaintiff; more
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An increase in the price of oil ________ aggregate supply, shifting the aggregate supply curve ________ and potentially bringing the ________ phase of the business cycle
A) decreases; rightward; expansion B) increases; rightward; recession C) increases; rightward; expansion D) decreases; leftward; recession E) decreases; rightward; recession
A snack shop inside a hotel in a busy city has a monopoly on food sales if it is the only food vendor in the hotel that is open 24 hours a day
Indicate whether the statement is true or false
Suppose the current equilibrium real wage is $15 an hour. Which of the following is true?
a. A real wage above $15 an hour would lead to an excess demand for labor b. A real wage above $15 an hour would lead to an excess supply of labor c. The real wage must fall to prevent unemployment d. The real wage must rise to prevent unemployment e. A real wage below $15 an hour would lead to an excess supply of labor
Eurodollar deposits arising from OPEC trade surpluses are called
A) OECD-dollars. B) OPEC-dollars. C) petrodollars. D) None of the above.