The demand curve for a good is a line that relates
a. price and quantity demanded.
b. income and quantity demanded.
c. quantity demanded and quantity supplied.
d. price and income.
a
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In 2014, employees covered by company-provided health insurance paid ________ percent of the cost of their own health insurance
A) 3 B) 18 C) 37 D) 65
Suppose a firm can hire 100 workers at $8.00 per hour but must pay $8.05 per hour to hire 101 workers. Marginal factor cost (MFC) for the 101st worker is approximately equal to:
a. $8.00. b. $8.05. c. $13.05. d. $13.00.
If the United States imports low-cost goods produced in low-wage countries instead of producing the goods domestically,
a. the United States will incur a net loss of total jobs. b. the United States will gain, and domestic resources will be employed more productively. c. dollars that leave the United States will not return to buy goods produced by high-wage American workers. d. the availability of consumption goods in the United States will be reduced.
An example of odious debt would be debts on the part of a nation that were incurred by a dictator for the well-being of his family
Indicate whether the statement is true or false