A worker's accumulated investment in education, training, experience, and health is called:
A. derived labor demand.
B. collective entrepreneurship.
C. seniority.
D. human capital.
Answer: D
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If Big City Electronics is in tacit collusion with two smaller electronics firms and Big City Electronics consistently makes price changes that the other two firms then also make, this is an example of ________ by Big City Electronics.
A) a precommitment B) price leadership C) a meet-or-release clause D) a meet-the-competition clause
In the market for euros, a decrease in U.S. imports from Europe tends to
A. decrease supply. B. cause no change in the market demand for euros. C. decrease demand. D. increase demand.
Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________. 
A. Rising; A B. Falling; A; C C. Falling; B: C D. Rising; A; C
An increase in the demand for loanable funds increases the equilibrium interest rate and increases the equilibrium level of saving
a. True b. False Indicate whether the statement is true or false