If cash is deposited into a checking account, the supply of money increases.
Answer the following statement true (T) or false (F)
False
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A short-run increase in the price of a firm's output will typically
A) lead to a movement along the firm's demand for labor curve. B) lead to more employment in the competitive firm. C) not impact the hiring of labor. D) make the demand for labor more inelastic.
In the non-strategic sequential labor negotiation game:
a. The ability to commit to a strategy gives you an advantage b. The ability to commit to a strategy gives your opponent an advantage c. The ability to commit to a strategy is irrelevant d. Players should simply not commit to a strategy to obtain an advantage
For which of the following would the absolute price elasticity of demand be greatest?
A. salt B. Dr. Pepper cola C. tickets to the Super Bowl D. gasoline
Subsidies can be used to internalize positive externalities.
Answer the following statement true (T) or false (F)