An unexpected decrease in the demand for accountants will lead to
a. an increase in the earnings of accountants.
b. an increase in the incentive of students to prepare for a career in accounting.
c. a reduction in the future supply of accountants.
d. an increase in the employment opportunities of accountants.
C
You might also like to view...
During the Cold War era, the U.S.:
A. gave foreign aid to promote their communistic support. B. gave foreign aid, while the Russians demanded reparations from many of the same countries. C. gave foreign aid to prevent the spread of communism, while Russia did the same in an effort to align countries with the Communist bloc. D. did not engage in any foreign aid because of the severe cost of fighting the war.
One way insurance firms reduce moral hazard costs is by doing which of the following?
a. charging the buyer lower payments regardless of whether the buyer engages in risky behavior b. making buyers prove they will not engage in risky behavior before they may buy insurance c. charging the buyer higher payments regardless of whether the buyer engages in risky behavior d. making the buyer pays some of the costs in the form of deductibles and co-pays
Price leadership is an example of explicit collusion by oligopolies
a. True b. False Indicate whether the statement is true or false
The unit-of-account costs of inflation are the costs resulting from the way in which inflation makes money a less reliable unit of measurement
a. True b. False Indicate whether the statement is true or false