a compensation method that does not work through rewards
What will be an ideal response?
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Most currency trades in London do not involve the British pound
Indicate whether the statement is true or false
Long-run equilibrium under monopolistic competition requires that
a. the demand curve intersect the average cost curve. b. the demand curve be tangent to the average cost curve. c. price be equal to marginal cost. d. quantity produced be at the point where average cost is at a minimum.
Suppose the economy operates at potential output, if the amount that businesses plan to invest is greater than the amount that consumers plan to save, then
A. there will be an inflationary gap. B. there will be a recessionary gap. C. equilibrium GDP will be less than aggregate investment. D. the economy will experience inventory accumulation.
Jordan has the following assets and liabilities:Two cars$10,000House$200,000Mortgage$100,000Cash$1,000Car loans$3,000Checking account balance$2,000Credit card balance$1,000Jordan's wealth is ________, the value of Jordan's assets is ________, and the value of Jordan's liability is ________.
A. $107,000; $213,000; $100,000 B. $109,000; $213,000; $104,000 C. $213,000; $317,000; $104,000 D. $111,000; $213,000; $100,000