Refer to the given information. The labor force in Scoob is:
Answer the question on the basis of the following information about the hypothetical economy of Scoob. All figures are in millions.
A. 95 million.
B. 102 million.
C. 105 million.
D. 145 million.
B. 102 million.
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A relatively steep money demand schedule reflects the assumption that the interest elasticity of money demand is
a. low (in absolute value). b. high (in absolute value). c. zero. d. indefinite.
According to research by Bertrand and Mullainathan, which job applicants, those with "white" names or those with "black" names, received more calls from interested employers? What percent more?
The first step in enforcing any antitrust policy is to
A. win the support of the public. B. define the market. C. win congressional approval. D. win the approval of the state senators from the state where the company is headquartered.
Harvey Rabbitt pays for monthly cable TV service. Last week, the cable company informed Harvey that his monthly cable price would go down because the city council has granted approval for three new cable companies to service his area. How is the market
for cable TV services affected by this? A) There is an increase in the supply of cable TV service. B) There is a decrease in the demand for cable TV service. C) There is a decrease in the quantity of cable TV service supplied. D) There is a decrease in the supply of cable TV service.