Applying elementary economics, mismatch unemployment should fall when relative wages

A) rise.
B) fall.
C) are more flexible.
D) are less flexible.


C

Economics

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The table below shows how the payoffs to two political candidates depend on whether the candidates run a positive or negative campaign. The payoffs are given in terms of the percentage change in the number of votes received. Running a negative campaign is ________ for the ________ candidate.

A. a dominant strategy; Democratic B. neither a dominant nor dominated strategy; Republican C. a dominated strategy; Democratic D. a dominated strategy; Republican

Economics

Values can be classified in several ways according to the book, which one of these was not listed

a. Absolute and relative b. Intrinsic and extrinsic c. Traditional and prophetic d. Instrumental and terminal

Economics

Why are relative price changes important? (3)

What will be an ideal response?

Economics

Answer the following statement(s) true (T) or false (F)

1. one disadvantage of a general partnership is each partners' responsibility for the acts of all other partners 2. a proxy is a written promise issued by a corporation to repay borrowed money at a later date 3. one of the principal reasons that companies merge is to diversify their product lines 4. an income statement is prepared by businesses to report sales, expenses, profits, and other financial activities 5. sole proprietorships must request a charter from the state in which they are organized

Economics