Other factors held constant, if there are few close substitutes for a good, demand is more elastic for it
a. True
b. False
Indicate whether the statement is true or false
False
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Policies based on normative economic ideas tend to increase economic efficiency and improve equity
Indicate whether the statement is true or false
________ bubble is driven entirely by unrealistic optimistic expectations
A) An irrational exuberance B) A credit-driven C) A stock D) A debt-driven
Neoclassical economists believe that the government fosters economic growth by providing a stable economic environment with a low rate of ____________ and tax rates that are low and unchanging.
a. importing b. growth c. unemployment d. inflation
Job analysis is typically conducted by _____.
A. experienced job incumbents B. HR specialist C. HR generalists and supervisors D. Supervisors and experienced workers