A firm might offer efficiency wages in order to reduce shirking
a. True
b. False
Indicate whether the statement is true or false
True
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The current account includes records of a country's
A) net transfers. B) net investment income. C) net exports. D) All of the above are included in an economy's current account.
The Baumol-Tobin analysis suggests that a decrease in the brokerage fee for buying and selling bonds will cause the demand for money to ________ and the demand for bonds to ________
A) increase; increase B) increase; decrease C) decrease; decrease D) decrease; increase
The Federal Trade Commission (FTC) is a regulatory agency that is responsible for preventing firms from engaging in misleading advertising. This type of regulation is known as
A) the Federal Register. B) social regulation. C) the market share test. D) economic regulation.
When the Fed wants to expand the money supply, it
A. buys government securities. B. sells government securities. C. buys common stock. D. sells common stock.