Suppose the upward sloping labor supply curve shifts leftward in a labor market with a single employer (monopsony). What happens to the marginal expenditure curve?
A) Shifts left
B) Shifts right
C) Remains the same
D) We do not have enough information to answer this question.
A
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When the value of the British pound changes from $1.50 to $1.25, then the pound has ________ and the U.S. dollar has ________
A) appreciated; appreciated B) depreciated; appreciated C) appreciated; depreciated D) depreciated; depreciated
Which would you rather have? a) $100, 10 years from now at 4% interest, or b) $100, 4 years from now at 12% interest.
What will be an ideal response?
Use the list of items below to answer the question that follows.1.Money market mutual funds held by individuals 2.Savings deposits, including money market deposit accounts 3.Currency held by banks 4.Currency held by the public 5.Shares of corporate stock 6.Small time deposits 7.Checkable deposits 8.Large time deposits Refer to the above table. Which items are included in the M2 money supply but not the M1 money supply?
A. 2, 6 and 7 B. 3 and 5 C. 1, 2, and 6 D. 2, 5, 6, and 7
Remittances refers to:
A. the portion of money paid to immigrants that is not domestically taxed. B. money paid to immigrants from hosting countries. C. the money immigrants get from the government once they immigrate to a nation. D. money sent home from immigrants working abroad.