Restructuring in Texas went more smoothly than restructuring in California
Indicate whether the statement is true or false
T This is an understatement. Restructuring in California was much troubled and terribly costly.
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Which of the following is true in an ultimatum game if more money is considered to be better than less?
A) The equilibrium outcome in an ultimatum game is equitable. B) The equilibrium outcome in an ultimatum game is socially efficient. C) The equilibrium in an ultimatum game is always a dominant strategy equilibrium. D) There is no unique equilibrium in an ultimatum game.
Almost everyone is affected directly or indirectly by high rates of employment or high and variable rates of inflation
a. True b. False Indicate whether the statement is true or false
The short-run aggregate supply curve (SRAS) is the amount of real GDP: ?
A. produced at various price levels. B. ?produced at various savings rate levels. C. purchased at various price levels. D. ?purchased at various saving rate levels.
Suppose the government abolished the minimum wage law and the law that requires union wage rates to be paid on all government contract jobs. We would expect to see
A. a decline in the natural rate of unemployment. B. the duration of unemployment to increase. C. an increase in claims for unemployment benefits. D. a recession.