The country Stanley is at an above full-employment equilibrium. What will return Stanley to full-employment?
What will be an ideal response?
an increase in the money wage rate
You might also like to view...
If average cost is falling, then marginal cost must be falling.
Answer the following statement true (T) or false (F)
How do transfer payments function as negative taxes?
What will be an ideal response?
Refer to the information provided in Figure 6.14 below to answer the question(s) that follow.
Figure 6.14Refer to Figure 6.14. The ________ is the ratio of the marginal utility of ice cream cones to the marginal utility of ice cream sandwiches.
A. maximum number of ice cream cones that can be purchased B. maximum number of ice cream sandwiches that can be purchased C. slope of the indifference curve D. slope of the budget constraint
According to the United Nations, approximately what percentage of the world's income is received by the richest one-fifth of the world's population?
A. 20 percent. B. 30 percent. C. 60 percent. D. 80 percent.