The classical view of the labor market is basically consistent with the assumption of a vertical (or almost vertical) ________ curve.
A. aggregate expenditures
B. aggregate supply
C. production possibility
D. aggregate demand
Answer: B
Economics
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Indicate whether the statement is true or false
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Suppose Jo's savings after working for 2 years is $90,000 . Assuming she saves all of her income and the rate of growth of her income is constant at 10 percent over the 2-year period, her initial annual income must have been around _____
a. $49,630 b. $36,980 c. $65,897 d. $74,380
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If the demand curve shifts outward and the supply curve remains the same, price will fall.
Answer the following statement true (T) or false (F)
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Repeated games often lead to cooperation
Indicate whether the statement is true or false
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