__________ are conclusions or judgments about some issue or matter
a. Criteria
b. Decisions
c. Influences
d. Problems
B
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Scarcity reflects our inability to satisfy wants due to:
A. unlimited resources. B. limited resources. C. inefficient political systems. D. unemployed workers.
The demand curve for labor indicates that:
a. as the real wage rate increases, employers will hire more workers. b. as the nominal wage rate increases, employers will hire more workers. c. as the nominal wage rate decreases, the real wage rate increases. d. as the real wage rate increases, employers will hire fewer workers. e. as the real wage rate decreases the nominal wage rate increases.
The addition to the economy's capital stock can be found by
A. Subtracting net income from gross investment. B. Subtracting NDP from GDP. C. Subtracting depreciation from GDP. D. Subtracting depreciation from gross investment.
MCI announced a price discount plan for small firms. Their stock immediately fell in price. This shows that:
A. AT&T sold out its stock of MCI just after the announcement. B. stockholders are sometimes not rational. C. MCI is probably competing in a Bertrand oligopolistic industry. D. there is increased demand for MCI's stock.