Which of the following is most likely to affect the supply of labor in any particular industry?
a. the size of the available working population
b. the nonmonetary attractiveness of the job
c. the amount of ability and training necessary to enter the job
d. all of the above
d
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An economic ________ is a simplified version of some aspect of economic life used to analyze an economic issue
A) variable B) model C) market D) trade-off
Factors that influenced planned investment spending include
A) real interest rates. B) financial frictions. C) emotional waves of optimism and pessimism. D) all of the above. E) A and C.
All of the following are true regarding the Federal Trade Commission's (FTC) Bureau of Consumer Protection except which one?
A) It relies on consumers and competitors to report false advertising. B) It is a federal agency. C) It generally tries to convince companies to cease or alter false advertising. D) It cannot bring a civil case against a firm's managers for false advertising.
When inflation occurs, net exports will
A. increase as imports decrease. B. increase as exports increase. C. decrease as imports decrease. D. decrease as imports increase.