Examples of transfers-in-kind include
A. foreign aid.
B. food stamps.
C. taxes on alcohol and tobacco.
D. tax rebates on both the federal and state levels.
Answer: B
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When productivity growth has been rapid and then slows, the natural rate of unemployment is likely to ________
A) decrease B) be unaffected C) increase D) vary unpredictably
A decrease in demand, accompanied by a simultaneous decrease in supply, will always cause the equilibrium price and quantity of the good to fall
Indicate whether the statement is true or false
When a company's cost of compliance with health and safety legislation associated with labor resources increases, its demand for labor also increases
a. True b. False Indicate whether the statement is true or false
A decrease in the price of DVD players leads consumers to buy more DVD players. From this information we can conclude that DVD players
a. are normal goods. b. are inferior goods. c. are luxury goods. d. could be any of the above.