Which of the following is NOT a contributor to an employee's attitude?
a. previous jobs
b. education
c. peers
d. family
Ans: b. education
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If production involves increasing opportunity cost, then on the production possibilities frontier, moving to a point closer to the horizontal axis will increase the opportunity cost of
A. the good that is shown on the horizontal axis. B. the good that is shown on the vertical axis. C. both of the goods shown on the axes. D. neither of the goods shown on the axes.
Given a typical demand curve and a decline in price, the consumer who wishes to maximize total utility must increase the quantity purchased of a good to arrive at an optimal MU = P point
a. True b. False Indicate whether the statement is true or false
Of the following groups, who is eligible for unemployment insurance benefits?
a. the unemployed who quit their jobs b. the unemployed who were laid off because their previous employers no longer needed their skills c. the unemployed who were fired for cause d. the unemployed who just entered the labor force
A futures contract is a forward contract with some important differences. Explain.
What will be an ideal response?