Big Roads and Big Pavers are two competing road construction firms. The managers of these two firms should never undertake all of the following actions except which? one?
A) agree to not submit a bid on a government road contract
B) share information and experiences from implementing new government safety standards
C) agree to only operate in a specific area of the country
D) adjust the amount they bid on a government road contract
Answer: B) share information and experiences from implementing new government safety standards
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In the United States in 1996, the population was 265.5 million and the working age population was 200.6 million. There were 133.9 million people in the labor force and 126.7 of them were employed. The unemployment rate equaled ________
A) 7.2 percent B) 5.4 percent C) 3.6 percent D) 33 percent
The following table provides information about production at the XYZ-TV Company. Number of WorkersTVs ProducedMarginal ProductValue of Marginal Product00------13535$35,00026833$33,00039931$31,000412829$29,000515527$27,000 How many workers will XYZ-TV Company hire if the going wage for TV production workers is $34,000?
A. 0 B. 1 C. 3 D. 2
Keynesian economics focuses on:
A. both the long run and the short run. B. the long run. C. the short run. D. neither the long run nor the short run.
________ shifts the Fed rule to the right.
A. An increase in the price level B. An increase in government spending C. A decrease in government spending D. A decrease in the Z factors