Corn is a key ingredient in food as well as in biofuel production. If the production of corn remains constant, an increase in the demand for corn products as food will decrease the _____ corn for biofuels
a. supply of
b. demand for
c. supply and demand for
d. quantity supplied of
a
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An efficiency wage is ________ because the result is ________
A) set below the equilibrium real wage; reduced turnover and more work effort B) set above the equilibrium real wage; reduced turnover and more work effort C) not often used; not much different from minimum wage use D) set above the equilibrium real wage; increased turnover and more work effort E) set above the equilibrium real wage; reduced turnover and less work effort
Distinguish between a foreign bond and a Eurobond
What will be an ideal response?
How does the United States differ from the European Union in how it balances the competing claims of equality and efficiency?
Regional Bank is subject to a 10 percent required-reserve ratio. If this bank received a new checkable deposit of $1,000 . it could make new loans of
a. $100. b. $900. c. $1,000. d. $10,000.