Usury laws impose a _________ on interest rates.
Fill in the blank(s) with the appropriate word(s).
ceiling
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Countries with higher than average unemployment rates have ________ compared to the United States
A) less regulated labor markets B) lower levels of technology C) higher levels of technology D) more generous unemployment benefits and more regulated labor markets E) a higher labor force participation rate
The ways to address agency costs include all EXCEPT
a. running background checks on prospective employees b. requiring employees to punch time clocks c. spot checks of the quality of employee's work d. providing better coffee machines in the lunch room
Explain why national income and domestic product must be equal
Based on this figure, if the official value of krone is fixed at $0.09 per krone, then the Norwegian krone is ________ and the international reserves of Norway will ________ krone per period.
A. overvalued; decrease by 5,500 B. undervalued; increase by 5,500 C. overvalued; decrease by 2,000 D. undervalued; increase by 2,000