An injunction might be used to
A. increase wages.
B. increase employment.
C. require labor to return to work.
D. increase the demand for labor.
C. require labor to return to work.
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Following the 2007-2009 financial crisis, many people feared that Greece might leave the euro and resume using the drachma. If that happened, the drachma might be worth less than the euro
When using fiat money like the drachma, the key to acceptance is that households and firms have confidence that if they accept drachma in exchange for goods and services, the drachma will not lose much value during the time they hold them. If sellers were not willing to accept the drachma in exchange for goods and services, the drachma would not serve as A) a medium of exchange. B) fiat money. C) legal tender. D) a unit of account.
Under what conditions could minimum wage laws lead to increases in unemployment?
What are the policies usually advocated by supply side economists? How do they justify these proposals?
The primary economic function of financial intermediaries is to help allocate scarce resources to desired uses.
Answer the following statement true (T) or false (F)