Direct controls work if
a. there is vigilance and enthusiasm in enforcement by the regulatory agency.
b. speed and rigor are used in the court system in prosecuting cases.
c. there are significant penalties imposed by the legal system.
d. All of the above occur.
d
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Which of the following would NOT shift an industry's supply of labor curve?
A) The wage rate in the particular industry falls. B) Wage rates in industries using similar labor rise. C) Working conditions within the industry become less desirable. D) Wage rates in other industries fall.
When money demand decreases, the Fed can choose between:
a. increasing interest rates or increasing the supply of money. b. increasing interest rates or decreasing the supply of money. c. decreasing interest rates or increasing the supply of money. d. decreasing interest rates or decreasing the supply of money.
The federal government spends more on foreign aid than it spends on transportation, education, and agriculture combined
Indicate whether the statement is true or false
Quantity Demanded
What will be an ideal response?