A change in interest rates would shift the consumption schedule and the saving schedule ______; a change in taxes would shift these two schedules ______.
A. In the same direction; also in the same direction
B. In the same direction; in opposite directions
C. In opposite directions; also in opposite directions
D. In opposite directions; in the same direction
D. In opposite directions; in the same direction
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During World War II, prisoners of war used ________ as money
A) chocolate B) cigarettes C) bullets D) cowrie shells
What do you think are the most serious obstacles to further progress in the developing world?
What will be an ideal response?
When the Glass-Steagall Act was repealed in 1999, potential conflicts of interest arose with
A) the development of universal banking. B) the introduction of more credit-rating agencies. C) accounting firms developing more comprehensive services. D) investment analysis in investment banking.
Which of the following is not a reason why the labor market experiences job turnover?
A. Workers differ in their abilities. B. Workers might want to change jobs after accumulating general training or education. C. Economic conditions can dictate that a firm reduce its number of workers. D. Firms differ in their amenities and working conditions. E. All of these are reasons why the labor market can experience job turnover.