A change in the capital stock ________ the short-run aggregate supply curve and ________ the long-run aggregate supply curve
A) shifts; shifts
B) shifts; does not shift
C) does not shift; shifts
D) does not shift; does not shift
A
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Under the U.K. Bribery Act, bribery ________ virtually illegal per se and individuals convicted under this act can face up to ________ years in prison.
A) is; 20 B) is not; 10 C) is not; 20 D) is; 10
The job of night watchman at the Punxsutawny Phil Groundhog museum is known to have a high wage. Which of the following would push the night watchman's wage higher?
a. The job does not require specialized skills. b. The job is easy. c. The job is incredibly dull. d. The job has minimal risk of injury.
When banks are in need of a short-term loan to meet reserve requirements, they often borrow from another bank through the ______.
a. New York Stock Exchange b. open market operations c. federal funds market d. government bonds market
Refer to the normal-form game of advertising shown below.Firm AFirm B??AdvertiseDo Not Advertise?Advertise$0,$0$175,$10?Do Not Advertise$10,$175$125,$125Suppose there is a 90 percent chance that the advertising game depicted in Figure 10-17 will end next period. The collusive agreement {(not advertise, not advertise)} is:
A. sustainable since $11.11 > $50. B. sustainable since $175 < $138.89. C. unsustainable since $11.11 > $50. D. unsustainable since $175 < $138.89.