The factory conditions of 19th century England that Karl Marx described may be found in his book, _______.
Fill in the blank(s) with the appropriate word(s).
Das Kapital
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The quantity theory of money asserts that an increase in the quantity of money
A) will decrease the price level by an offsetting amount. B) by n percent will lead to an increase in the price level by n + 1 percent. C) will lead to an equal percentage increase in real GDP. D) will lead to an equal percentage increase in the price level.
Which of the following is true about the unions' supply curve of labor?
a. It shifts to the right because unions force firms to increase their employment. b. It is horizontal at the wage rate established by the union. c. Is the same as the marginal labor cost curve of the monopsonist. d. It is steeper than a nonunion supply curve of labor. e. It is downward sloping.
Consider the production possibilities frontier in the figure shown. The opportunity cost of cars when moving from point B to point C:
A. there is no opportunity cost when we move from B to C. B. is greater than the opportunity cost of cars when moving between any other two points. C. is greater than the opportunity cost of cars when moving from point A to point B. D. is less than the opportunity cost of cars when moving from point A to point B.
An example of ________ is an internship program.
A. social capital B. infrastructure C. tangible capital D. intangible capital