The amount of funds that a nation can withdraw from the International Monetary Fund depends upon
A. the rules set up by the World Bank.
B. its quota subscription.
C. whether it is a developing nation or a developed nation.
D. whether it is seeking a long-term or short-term loan.
Answer: B
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Two goods are considered substitutes if
a. a decrease in the demand for one leads to a decrease in the supply of the other. b. an increase in the demand for one leads to a decrease in the supply of the other. c. an increase in the price of one leads to an increase in the demand for the other. d. a decrease in the price of one leads to an increase in the demand for the other. e. a decrease in the supply of one leads producers to switch to production of the other.
Comparable worth laws are laws that mandate comparable pay for:
A. comparable work. B. people with comparable abilities. C. everyone. D. people with comparable levels of seniority.
A firm could persuade the sales agent to accept profit based compensation if the new commission is
a. Positive sales biased b. Negative sales biased c. Sales neutral d. None of the above
If the demand for jelly decreases, and the price of grapes (used to make jelly) rises:
A. the equilibrium price of jelly rises and the equilibrium quantity of jelly might rise or fall. B. the equilibrium price of jelly falls and the equilibrium quantity of jelly might rise or fall. C. the equilibrium price of jelly might rise or fall, and the equilibrium quantity of jelly falls. D. the equilibrium price of jelly might rise or fall, and the equilibrium quantity of jelly rises.