If ________, total efficiency units of labor will increase
A) firms hire more workers
B) the number of retired people in an economy increases
C) the capital stock of an economy decreases
D) the rate of unemployment increases
A
You might also like to view...
Subprime mortgages refer to the mortgages issued
A) by low rating financial institutions. B) at an interest rate below prime rate. C) to borrowers with low incomes and poor credit histories. D) by government
The process by which banks screen potential applicants by eliminating bad risks and to obtain a pool of creditworthy borrowers is called:
A) gap analysis B) duration analysis C) credit-risk analysis D) liquidity analysis
Suppose that the price of butter is $3 per pound and the price of margarine is $2 per pound. If the price of butter rises to $3.90 and the price of margarine rises to $2.20, then the absolute price of butter has _______________ and the relative price of butter has _______________
a. risen; fallen b. fallen; risen c. risen; risen d. fallen; fallen
In game theory, behavior that results in cooperation as long as the other players continue to cooperate, is referred to as
A. opportunistic behavior. B. nice behavior. C. tit-for-tat strategic behavior. D. simple behavior.