If the opportunity cost of working outside the home decreases then it is likely that ________, assuming all else equal
A) there will be a rightward shift in the labor supply curve
B) there will be an upward movement along the labor supply curve
C) there will be a downward movement along the labor supply curve
D) there will be a leftward shift in the labor supply curve
A
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Net present value of a project equals:
A) Discounted Benefit - Discounted Cost. B) Discounted Cost × Discounted Benefit. C) Discounted Cost/Discounted Benefit. D) Discounted Benefit/Discounted Cost.
In the __________, the currency of a country with the higher inflation rate will __________ against the currency of a country whose inflation rate is lower
a. short run; appreciate. b. short run; depreciate. c. long run; appreciate. d. long run; depreciate. e. long run; remain stable.
Borrowed funds are used in financing every component of GDP.
Answer the following statement true (T) or false (F)
In input, or factor, markets
A. households demand goods. B. firms supply goods. C. households supply resources. D. consumers purchase products.