Studies in the last 30 years have shown that in highly concentrated industries __________ are seldom lowered, while similar studies of labor unions indicate that _________ cuts are seldom accepted.
Fill in the blank(s) with the appropriate word(s).
prices; wage
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If the Fed sells U.S. government securities to drain reserves from banks, which of the following is most likely to occur? a. The demand for money will increase and the interest rate will rise
b. The money supply will increase and the interest rate will fall. c. The interest rate will rise and the quantity of money demanded will fall. d. The money supply will decrease and the interest rate will fall. e. The interest rate will fall and the quantity of money demanded will increase.
Republicans often argue in favor of what to push the economy toward economic recovery, as they did during the recession that began in 2008?
A. Tax cuts B. Increase government spending C. Decrease government spending D. Encourage the public to save more
Compared to First World countries, developing countries would have _____
a. a higher life expectancy b. higher productivity rates c. lower education levels d. lower birthrates e. a higher rate of private investment
Refer to the graph. The intercept of the three Security Market Lines is determined by:
A. the risk-free interest rate.
B. the interest rate on financial assets with a beta of 1.
C. the rate on long-term U.S. government bonds.
D. all of these.