a. wages for nurses will go up as hospitals try to fill these positions.
b. wages for nurses will go down because of the increased competition between hospitals.
c. the return on the human capital investment of current nursing majors will decline.
d. wages for nurses currently practicing will increase, but new nurses will experience lower wages in the future.
A
Which of the following is a positive economic statement?
Which of the following is NOT a monetary policy tool?
A) last resort loans B) open market operations C) required reserve ratio D) federal funds rate
“Plowback” represents a portion of corporate profits that are used to
A. invest in future activities of the corporation. B. advertise the company’s product. C. buy back bonds (reduce debt). D. pay owners for the use of their capital.
Even though 80,000 individuals in the United States wait for kidney transplants and, for a price, there are many individuals who would be willing to supply a kidney (a healthy person can donate one kidney without any problems), it remains illegal to buy and sell organs in the United States. A market for kidneys does not exist because of:
A. social forces. B. market forces. C. economic forces. D. political forces.