Using the seasonal business cycle as your guide, during which quarter would you be most likely to expect an increase in your corporation's sales?
A) The first quarter of the year (January-March)
B) The second quarter of the year (April-June)
C) The third quarter of the year (July-September)
D) The fourth quarter of the year (October-December)
D
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An implication of the fact that the labor market is perfectly competitive is that:
A) there is always some unemployment. B) the labor demand curve is upward sloping and the labor supply curve is downward sloping. C) the quantity of labor demanded always exceeds the quantity of labor supplied. D) a worker willing to work at the equilibrium wage rate can instantly find work.
If the British price level rose relative to the Swiss price level, there would be
a. a rightward movement along the supply of Swiss francs curve in the pound-franc market b. a leftward movement along the supply of Swiss francs curve in the pound-franc market c. an increased supply of Swiss francs to the pound-franc market d. a decreased supply of Swiss francs to the pound-franc market e. no change of the supply of Swiss francs curve in the pound-franc market
When competition is present and private ownership rights are clearly defined and securely enforced by the legal system, business firms will have a strong incentive to
What will be an ideal response?
List six events that could cause a shift in the investment demand curve.
What will be an ideal response?