A decrease in the wage rate causes
A) a decrease in labor's productivity.
B) a rightward shift of the firm's labor demand curve.
C) a leftward shift of the firm's labor demand curve.
D) an increase in the quantity of labor demanded.
D
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The figure above shows the market for tires. The government has imposed a tax on tires, and the sellers pay ________ of the tax
A) $10 B) $20 C) $50 D) $60 E) $30
The euro is the common currency of all European countries
a. True b. False Indicate whether the statement is true or false
Using the above figure, which of the lines in the above diagram represents a proportional tax?
A. A B. B C. C D. none of them
In the above figure, assume the economy starts out in equilibrium at point d. If the Fed increases the money supply so that the new aggregate demand curve is AD3, then the new short-run equilibrium will be at point
A. a. B. b. C. c. D. i.