A decrease in the supply curve of nurses could be accounted for by all of the following except a(n):
A. Increase in the rewards available in other comparable occupations
B. Increase in the training requirements for nurses
C. Reduction in the number of nursing schools
D. Cut in the wages of nurses
D. Cut in the wages of nurses
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For each of the following cost functions, if possible, find minimum AC and minimum AVC
a. TC = 40,000 + 20 Q b. TC = 1000 + 2Q + 0.1 Q2
Which of the following questions is the most interest for macroeconomics
A) Why is there inflation? B) Why does the steel industry want tariffs? C) What is the appropriate stance of antitrust policy? D) Why do foreigners immigrate to the United States?
Measured as a share of GDP, what happened to the net federal debt between 1990 and 2011?
What will be an ideal response?
The country is experiencing rapid inflation. What could the Fed do reduce the money supply and slow inflation?
a. buy government bonds b. lower the reserve ratio c. sell government bonds d. lower the discount rate