Which of the following is a reason why the labor demand curve would shift rightward?
a. A decrease in the amount of capital equipment
b. An increase in educational attainment of the population
c. A shift to earlier retirement
d. An increase in population
e. An increase in the number of two-family households
B
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Refer to Table 11.1. What is the value of the marginal propensity to save?
A) 0.15 B) 0.25 C) 0.75 D) 0.9
You are putting together a portfolio of assets. The four most important characteristics of the assets you will choose are expected return, time to maturity,
A) risk, and liquidity. B) risk, and collateral C) risk, and reward. D) liquidity, and standard issue size.
Accommodating fiscal policy refers to
a. using monetary policy to prevent recessions. b. using fiscal policy to prevent recessions. c. using monetary policy to offset the negative effects of fiscal policy. d. using fiscal policy to help politicians in office.
b. Issue refunds for returns in the form of a gift card.
a. It shows that consumers may not work as hard in some situations to maximize their marginal utility. b. It shows that consumers tend to overvalue the utility they will receive from any given situation. c. It shows that consumers are usually misled about the utility of a product by the people who are closest to them. d. It shows that consumers rarely try to maximize their marginal utility.