An increase in the inflation rate shifts the labor
A) supply curve to the right.
B) supply curve to the left.
C) demand curve to the right.
D) demand curve to the left.
B
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Which of the following statements is true?
A) Non-bank institutions are also a part of the credit market. B) People who lend money are known as debtors. C) People who borrow money are known as creditors. D) Money that is lent out is considered to be a liability.
RBC theory leads to ________ government macro-stabilization policy, due to the theory's assumption of ________
A) a rationale for, slow wage and price adjustment B) a rationale for, continuous market-clearing C) a rejection of, slow wage and price adjustment D) a rejection of, continuous market-clearing
What is defined as the ability of a firm to earn high profits by raising and keeping the prices of its products substantially above the levels at which those products would be priced in competitive markets?
A. Economies of scope B. Tacit collusion C. Monopoly power D. Perfect competition
Under EPA regulations, a factory
A. must pay for the right to pollute. B. can increase air pollution from its grinding process if it decreases air pollution from its smelting process. C. cannot under any circumstances build a polluting factory in an area where pollution standards are not being met by existing firms. D. can pay off regulators in order to continue operations business as usual.