Amy received her wage based on her working hours in the grocery store. The work contract she signed is an example of a

A) fixed-fee contract.
B) hire contract.
C) contingent contract.
D) sharing contract.


B

Economics

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The above table shows some cost data for Tracey's Tents. What is the average fixed cost when 4 tents are produced?

A) $50.00 B) $12.50 C) $25.00 D) $37.50

Economics

If the Federal Reserve attempts to continue reducing unemployment by manipulating monetary policy, which of the following would you expect to see?

A) The rate of inflation will fall as the Fed tries to reduce the unemployment rate. B) The Fed's policies will be deflationary. C) The Fed's policies will be inflationary. D) The Fed will reduce the natural rate of unemployment.

Economics

When a domestic currency is completely backed by a foreign currency and the note-issuing authority establishes a fixed exchange rate to this foreign currency, then the country is said to have

A) created a currency board. B) undergone dollarization. C) adopted a managed exchange system. D) adopted an exchange rate monetary system.

Economics

Compared to earlier times, the period of the 1950s to the early 1960s was one characterized by

(a) temporary deficit spending of the government. (b) permanent deficit spending of the government. (c) temporary surplus spending of the government. (d) permanent surplus spending of the government.

Economics