The idea that what's good for one person may not be good for all people is known as the

An economic variable that doesn't move in a consistent pattern with aggregate economic activity is called

A) procyclical. B) countercyclical. C) acyclical. D) a leading variable.

A firm that fills its vacancies in the upper levels of the hierarchy with its own employees:

a. avoids opportunistic behavior by employees. b. uses an internal labor market. c. avoids the difficult tasks of measuring and comparing the productivities of individual workers. d. pays them according to their performance rather than seniority.

Which of the following is correct?

a. Keynesians believe there is an indirect link between changes in a nation's money supply and changes in expenditures. b. Monetarists believe there is an indirect link between changes in a nation's money supply and changes in expenditures. c. Keynesians believe there is a direct link between changes in a nation's money supply and changes in expenditures. d. Monetarists believe there is no short-term link between changes in a nation's money supply and changes in expenditures. e. Keynesians believe there is no short-term link between changes in a nation's money supply and changes in expenditures.

There are only increases in total surplus when a country exports a good, since more units of the country's output of that good are produced

a. True b. False Indicate whether the statement is true or false