For an intertemporal budget constraint concerning saving for retirement, the choice is between past and future___________________.
a. salary
b. consumption
c. health
d. working units
b. consumption
For an intertemporal budget constraint concerning saving for retirement, the choice is between present consumption and future consumption.
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The demand for labor depends on I. technology. II. the prices of other factors of production. III. the price of the product
A) I and II B) II and III C) I and III D) I, II and III
What two conditions must be present for a cartel to work?
What will be an ideal response?
Which of the following is an advantage of the U.S. government investing in R&D?
a. New industries and jobs are potentially created. b. Tax rates for corporations are typically reduced. c. The sources public goods are closely monitored. d. The number of free riders is sharply reduced.
The Jeans Store sells 7 pairs of jeans per day when it charges $100 per pair. It sells 8 pairs of jeans per day at a price of $90 per pair. The marginal revenue of the eighth pair of jeans is
A) $20. B) $90. C) $100. D) $700.