Refer to the diagram. If this labor market is monopsonistic, the wage rate and level of employment respectively will be:
A. D and E.
B. C and F.
C. B and F.
D. A and F.
D. A and F.
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Refer to Figure 13-1. Ceteris paribus, a decrease in interest rates would be represented by a movement from
A) AD1 to AD2. B) AD2 to AD1. C) point A to point B. D) point B to point A.
Which of the following components of the current account are included in GDP?
A) net exports B) net foreign investment income C) net transfer payments sent to foreigners D) all of the above
Which of the following accidents has an optimal probability of zero?
A) patent infringements B) audit failure C) product failure D) It is not optimal for any of the accidents, patent infringements, audit failure, or product failure to have a probability of zero.
Other things being equal, the effect of an increase in the price of Coca-Cola would cause a(n):
a. upward movement along the demand curve for Coca-Cola. b. leftward shift in the demand curve for Coca-Cola. c. downward movement along the demand curve for Coca-Cola. d. rightward shift in the demand curve for Coca-Cola.