Refer to the diagram. The most likely cause of a shift from AB to CD would be a(n):
A. increase in productivity.
B. increase in the price level.
C. decrease in the size of the labor force.
D. recession.
A. increase in productivity.
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Payroll taxes are paid on
A) earned income. B) investment income. C) inheritances. D) all of the above
If two nominal exchange rates are given as 4 shekel/dollar and 0.711 dinar/dollar, so 1 dollar can buy either 4 shekels or 0.711 dinars, then each Jordanian dinar is worth ________ Israeli shekels, and each shekel is worth ________ dinars.
A. 5.623; 0.178 B. 0.178; 5.623 C. 1.96; 0.51 D. 0.51; 1.96
M1 money includes all but which one of the following?
a. Savings accounts b. Paper money c. Coins d. Checkable deposits
The Federal Reserve System is divided into how many districts?
A. 7 B. 5 C. 1 D. 12