If the price level rises relative to the money wage rate, firms ________ the quantity of labor they demand and workers ________ the quantity of labor they supply
A) increase; increase
B) increase; decrease
C) decrease; increase
D) decrease; decrease
B
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A monetarist economist believes that if the economy was left alone, it would rarely operate at full employment
Indicate whether the statement is true or false
A decrease in the quantity of money supplied shifts the money supply curve to the ________, and the equilibrium interest rate ________, everything else held constant
A) right; falls B) right; rises C) left; falls D) left; rises
Suppose that IBM considers expanding its operations. The expansion will require $400 million for two new factories which the corporation plans to raise by selling stock and bonds. Which of the core principles will come into play as investors decide whether or not to buy the stock and the bonds?
What will be an ideal response?
It's impossible to sustain economic growth or development in the absence of:
A. income equality. B. improvements in education. C. membership to world organizations, like the United Nations. D. a rule of law.