The demand curve for labor is negatively sloped only because the firm must lower its price if it wishes to sell more output

Indicate whether the statement is true or false


FALSE

Economics

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The demand for real money balances ________

A) is downward sloping with respect to prices B) is downward sloping with respect to interest rates C) is downward sloping with respect to income D) all of the above E) none of the above

Economics

__________ are most likely to raise the eyebrows of antitrust officials while ______ are not

a. Price discriminators; predatory pricers b. Conglomerate mergers; vertical mergers c. Horizontal mergers; conglomerate mergers d. Low Herfindahl-Hirschman indices; high Herfindahl-Hirschman indices e. Patent sales; patent purchases

Economics

Education generates three types of external? benefits: A. Workplace? externalities, civic? externalities, and? free-rider externalities. B. Pollution? externalities, median-voter? externalities, and? free-rider externalities. C. Pollution? externalities, civic? externalities, and crime externalities. D. Workplace? externalities, civic? externalities, and crime externalities.

Education generates three types of external  benefits:

A.

Workplace  externalities, civic  externalities, and  free-rider externalities.

B.

Pollution  externalities, median-voter  externalities, and  free-rider externalities.

C.

Pollution  externalities, civic  externalities, and crime externalities.

D.

Workplace  externalities, civic  externalities, and crime externalities.

Economics

When was the last year the United States had a budget surplus?

A. 2001 B. 2020 C. 1984 D. 1993

Economics