Government policies that are used to affect planned aggregate expenditure, with the objective of eliminating output gaps, are called ________ policies.
A. cyclical
B. stabilization
C. productivity
D. structural
Answer: B
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A. Technology B. Price of input C. Number of sellers D. Price of related good
The labor supply curve is obtained by
a. summing the slopes of the marginal revenue product curves for individual firms b. summing the upward-sloping portions of individual workers' labor supply curves c. summing all individual workers' labor supply curves at each wage d. summing the downward-sloping portions of individual workers' labor supply curves e. averaging all individual workers' labor supply curves at each wage
Which of the following was the first federal legislation to outlaw discrimination based on race, religion, or gender?
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