Based on price setting behavior, we know that a reduction in the unemployment rate will cause
A) no change in the real wage.
B) a reduction in the real wage.
C) an increase in the real wage.
D) an upward shift of the PS curve.
A
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A curve where every combination of the two goods being considered yields the same level of satisfaction is known as
A. a marginal utility curve. B. an indifference curve. C. a budget constraint. D. a total utility curve.
Assume there are three hardware stores, each willing to sell one standard model hammer in a given time period. House Depot can offer their hammer for a minimum of $7. Lace Hardware can offer the hammer for a minimum of $10. Bob's Hardware store can offer the hammer at a minimum price of $13. Given the scenario described, if the market price of hammers increased from $6 to $8:
A. producer participation in the market would increase. B. producer participation in the market would remain unchanged. C. producer participation in the market would decrease. D. total producer surplus would increase by $2.
In the above table, the price of the product is
A) $30. B) $147. C) $150. D) $180.
Explain the margin requirement for financial futures and how marking to market affects the margin account
What will be an ideal response?