A trend shows
A) the degree of correlation between two variables.
B) the general tendency for a variable to rise or fall.
C) the scale used to measure to variables.
D) the increases in one variable.
B
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An efficiency wage ________ because ________
A) increases job rationing; the real wage rate is lowered below the equilibrium B) decreases job rationing; the real wage rate is lowered below the equilibrium C) is used often; it is inexpensive and effective D) increases job rationing; the real wage rate is raised above the equilibrium E) decreases job rationing; the real wage rate is raised above the equilibrium
Which of the following best explains why productivity growth in the United States has been faster than in other leading industrialized nations?
A) There are fewer government regulations in the United States regarding the way firms can hire and fire workers. B) Job mobility in the United States is more restricted than it is in many foreign countries. C) European countries have more flexible policies regarding the number of hours employees are permitted to work. D) The financial systems of foreign countries are generally more efficient than those in the United States.
Suppose that Megabucks Corporation is earning an economic profit of $4,000 through the sale of a product. If the price of the product is $6 per unit and its ATC is $4 per unit, Megabucks must be producing 8,000 units
a. True b. False Indicate whether the statement is true or false
In 2005, the percentages of mortgages that were considered sub-prime:
a. increased dramatically.
b. increased minimally
c. decreased minimally.
d. decreased dramatically.