If the United States buys inputs from France and the dollar appreciates relative to the euro, then Americans will have to pay ________________ for foreign inputs, and the U.S. SRAS curve will shift __________________
A) less; rightward
B) less; leftward
C) more; rightward
D) more; leftward
A
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The "no shirking constraint" (NSC) curve is
A) downward-sloping to reflect the fact that at higher wages, firms will monitor workers more to see whether they are shirking. B) downward-sloping to reflect the fact that shirking tends to be higher in lower-paying industries. C) upward-sloping because at high levels of unemployment, workers will refrain from slacking without much other incentive. D) upward-sloping because at high levels of employment, many "slacking" individuals have been hired. E) vertical because the constraint represents the absolute amount of time a firm will tolerate workers' slacking without laying them off.
The prisoner's dilemma game can be used to describe
A. how individuals acting in their self-interest leads to the best outcome overall. B. why candidates in elections go negative. C. a zero sum game. D. the game Rock Paper Scissors
One thousand tickets are sold at $1 each for a color television valued at $350. What is the expected value of the gain if a person purchases one ticket?
A. -$0.001 B. -$349 C. -$0.65 D. -$0.80
Refer to the information provided in Figure 7.11 below to answer the question(s) that follow. 
Figure 7.11
Refer to Figure 7.11. If the firm's level of total cost is represented by the given isocost line, the firm's optimal combination of capital and labor is given by
A. point A. B. point B. C. point C. D. 50 units of capital and 50 of labor.