Both countries involved in a pegging of currency must agree to the terms of the pegging
Indicate whether the statement is true or false
FALSE
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Women composed __________ of the paid workforce in 1900 and 50% of the paid workforce in 2010.
A. 2% B. 18% C. 33% D. 60%
Assume you pay a premium of $0.50/bu for a soybean call option with a strike price of $9.20/bu and that the current futures price is $8.90/bu. What is the option's current intrinsic value?
A. $0.50/bu B. $0.30/bu C. $0/bu D. $-0.50/bu
The labor demand curve of a firm:
A. will shift to the left if the price of the product the labor is producing falls. B. is perfectly elastic if the firm is selling its product in a purely competitive market. C. reflects a direct relationship between the number of workers hired and the money wage rate. D. is the same as its marginal product curve.
Supermodel Linda Evangelista has been quoted as saying, "[I] don't wake up for less than $10,000 a day." If Ms. Evangelista is paid $15,000 for her next daylong photo shoot, then
A. she is receiving economic rent to labor equal to $5,000. B. she is being paid $15,000 to cover her opportunity cost. C. the entire $15,000 would be considered economic rent to labor. D. the first $10,000 she receives is economic rent to labor and the next $5,000 is more economic rent.