Which of the following is likely to shift the labor supply curve to the left, assuming all else equal?
A) A rise in the wage rate
B) A social change that discourages women to participate in the labor force
C) A fall in the wage rate
D) Decrease in the maximum amount of unemployment benefits
B
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Explain why the money supply does NOT change when one individual writes a check to another
What will be an ideal response?
Tests used to rate the performance of rules developed in technical analysis conclude that technical analysis
A) outperforms the overall market. B) far outperforms the overall market, suggesting that stockbrokers provide valuable services. C) does not outperform the overall market. D) does not outperform the overall market, suggesting that stockbrokers do not provide services of any value.
The planned investment function shows that
A) real gross investment falls as real NNP increases. B) a negative relationship exists between the level of planned investment and the interest rate. C) a positive relationship exists between planned consumption and planned investment. D) at higher levels of planned saving, planned investment increases.
Prior to the collapse of communism, communist countries worked on the premise that economic well-being could be best attained by
a. a market economy. b. a strong reliance on prices and individuals' self-interests. c. a system of large privately-owned firms. d. the actions of government central planners.