If an employer's behavior is supportive of the theory of efficiency wages, the employer would
a. raise wages in an effort to increase worker effort.
b. raise wages in an effort to increase worker turnover.
c. decrease wages in an effort to increase worker effort.
d. decrease wages in an effort to increase worker turnover.
a
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If wealth increases, the demand for stocks ________ and that of long-term bonds ________, everything else held constant
A) increases; increases B) increases; decreases C) decreases; decreases D) decreases; increases
Which of the following makes invention and entrepreneurship more likely in today’s economy?
A. Increasing morality of inventors B. Government rules within society C. Positive marginal costs D. Positive marginal revenues
The labor supply curve of an inclusive union is perfectly ______.
Fill in the blank(s) with the appropriate word(s).
An example of a seller in a financial market would be:
A. families buying new cars B. individuals who have a savings account. C. entrepreneurs starting new ventures. D. the government when it needs to finance public spending.