Which of the following shifts the ATC curve upward at the XYZ Co?
A) an increase in the hourly wage that XYZ pays its workers
B) a decrease in the hourly wage that XYZ pays its workers
C) an increase in the fixed amount of liability insurance premiums that XYZ pays for its business
D) Both answers A and C are correct.
D
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Which combination of fiscal policy actions would most likely offset each other?
A. An increase in taxes, but no change in government purchases B. A decrease in taxes and an increase in government purchases C. An increase in taxes and an increase in government purchases D. A decrease in government purchases, but no change in taxes
The type of unemployment created by the normal rate of reentry and entry into the labor force is
A) frictional unemployment. B) structural unemployment. C) cyclical unemployment. D) seasonal unemployment.
A tradable emissions permit program is efficient because the cap protects the environment while: a. generating substantial revenues for the government
b. keeping compliance and administration costs relatively low. c. while requiring the same response by each polluter. d. none of above
How might Roger’s Plastics Company experience an adverse selection of patients for its health insurance plan?
a. by requiring all employees to be covered under the program b. by offering voluntary insurance, which ends up getting used only by people who know they are sick c. by requiring all participants to undergo extensive screening for conditions that make them ineligible d. by offering free insurance to all employees