Which of the following is not an example of an economic policy that affects the level of unemployment?
A. Minimum wage law.
B. Efficiency wages.
C. At-will employment policies.
D. Title IX.
D. Title IX.
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The EPA issues permits to every stationary source of pollution in the United States
Indicate whether the statement is true or false
Which of the following would cause the demand curve for yen to shift as indicated in Figure 17-5 above?
a. A decrease in the U.S. price level. b. An increase in the U.S. interest rate. c. An increase in Japanese real GDP. d. An increase in U.S. real GDP. e. A decrease in U.S. real GDP.
When Adam's income increases, he purchases more tickets to Broadway musicals than he did before his income increased. For Adam, Broadway musicals are a(n)
a. normal good. b. inferior good that is not a Giffen good. c. Giffen good. d. optimal good.
In a perfectly competitive market, if the market price is less than ATC, and the market price equals the MC, then the firm should:
A.) Result in an increase in profits B.) Result in a loss of income C.) Result in a growth of the industry D.) Result in more sellers entering the market