We know that a firm is paying way below the market wage rate if
A. the number of applications for a job posting is low and the quit rate is high.
B. the number of applications for a job posting and the quit rate are low.
C. the number of applications for a job posting and the quit rate are high.
D. the number of applications for a job posting is high and the quit rate is low.
Answer: A
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Life expectancy at birth in the United States has more than doubled since 1850
Indicate whether the statement is true or false
A candidate who understands that in a two-person race the person closer to the center of the voter distribution will win is likely to
A) first take polls to figure out what the voters are thinking and then afterward propose policies that are consistent with the polls. B) first put forth his or her views on a whole host of issues and then afterward take polls to see if the majority of voters agree with him. C) speak in specific terms about what needs to be done. D) a and c E) b and c
A leftward shift of a supply curve is called a(n):
A. decrease in quantity supplied. B. increase in supply. C. decrease in supply. D. increase in quantity supplied.
Why does the government grant patents universally rather than just to those products that would not be developed without a patent?
What will be an ideal response?