Traci is a nurse, and she gets paid an additional $1.00 per hour for agreeing to work the night shift. Carol is also a nurse, but she works the day shift and does not get paid this extra dollar per hour. This difference in pay is an example of a compensating differential
a. True
b. False
Indicate whether the statement is true or false
True
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A trade surplus occurs when:
A. quotas exceed tariffs. B. tariffs exceed quotas. C. imports exceed exports. D. exports exceed imports.
"In the foreign exchange market, if the demand for the U.S. dollar increases, the U.S. dollar appreciates in value." Briefly explain whether the previous statement is correct or incorrect
What will be an ideal response?
Consumer protection legislation includes legislation to
A) reduce discrimination in credit markets. B) require banks to make loans to everyone who applies. C) reduce the amount of interest that bank's can charge on loans. D) require banks to make periodic reports to the Better Business Bureau.
According to Keynes, in deciding whether to increase or decrease planned investment, businesses will be guided primarily by
a. the rate of interest. b. past profits. c. the size of government spending. d. expected profits.