According to the idea of comparable worth, a firm employing secretaries and steelworkers should ideally pay equal wages to both the groups of workers irrespective of the type of job each group does
a. True
b. False
Indicate whether the statement is true or false
False
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When banks hold excess reserves, the size of the money multiplier
A) is less than the simple deposit multiplier would suggest. B) is greater than the simple deposit multiplier would suggest. C) is equal to the size of the simple deposit multiplier. D) becomes infinite.
You are considering buying a store. The store owner shows you sales figures of the store on a "typical" day. The owner has most likely shown you figures for
a. The less productive day b. The more productive day c. Any typical day d. All the days that the store was owned by him
The unemployment rate rises any time there is an increase in the number of unemployed persons
a. True b. False Indicate whether the statement is true or false
The Federal Reserve's long standing tools include
A. tax rate changes. B. government spending policies. C. labor regulations. D. changing the level of the targeted interest rate.