If the cost of hiring workers increases but the marginal benefit remains unchanged, employers are likely to respond by hiring ________ at any given wage

A) more workers B) immigrant workers
C) fewer workers D) teenaged workers


C

Economics

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A liquidity trap is said to exist when a change in monetary policy has no effect on

A) the money supply. B) the natural level of employment. C) aggregate supply. D) interest rates.

Economics

If a negative externality exists in the market for dirt bikes and that market is perfectly competitive:

A. less than the efficient output of dirt bikes will be produced. B. the price of dirt bikes equals the marginal social cost. C. the price of dirt bikes is less than the marginal social cost. D. the price of dirt bikes exceeds the marginal social cost.

Economics

Refer to the information provided in Figure 9.6 below to answer the question(s) that follow.  Figure 9.6Refer to Figure 9.6. Economies of scale exist up to ________ units of output for this firm.

A. q1 B. q2 C. q3 D. q4

Economics

A central bank accepts deposits from

A) the federal government and commercial banks. B) commercial banks and private businesses. C) private businesses and individuals. D) individuals, private businesses, commercial banks, and the federal government.

Economics