An increase in the employment tax will have no effect on output if the labor supply curve

A) is perfectly vertical. B) has a positive slope.
C) is perfectly horizontal. D) has a negative slope.


A

Economics

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Refer to Figure 12.5. If exchange rates are floating, the Fed decreasing its target inflation rate would best be represented by a movement from ________ in panel (a) and a corresponding movement from ________ in panel (b)

A) point A to point B; point X to point Y B) point C to point A; point X to point Y C) point D to point C; point Y to point X D) point B to point D; point Y to point X

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Which of the following is NOT possible according to the law of demand?

A) a horizontal demand curve B) a vertical demand curve C) a downward-sloping supply curve D) an upward-sloping demand curve

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Am M-form of an organization is one in which

a. Each division performs a single task b. Each division performs all the tasks necessary to serve a particular type of customer c. Each division performs all the tasks necessary to serve all the customers of a particular geographical area d. Both B&C

Economics

Name some important lessons learned from the financial crisis

Economics