________ of people work at firms that have 50 or more employees
A) Less than 25 percent B) About 50 percent
C) More than 75 percent D) Close to 97 percent
C
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Asymmetric information problems are worse the __________ the borrowing firm, since there is __________ publicly available information about those firms
A) larger; more B) larger; less C) smaller; more D) smaller; less
Suppose an economy has a government budget surplus of $100, net exports of -$400, and a planned investment level of $1,000 . For this economy to be in equilibrium, saving must equal:
a. $700. b. $500. c. $750. d. $250. e. $300.
An example of a one-time expense for a shoe factory would be buying:
A. leather to make the shoes, and would be excluded from total cost. B. leather to make the shoes, and would be included in total cost. C. a sewing machine, and would be included in total cost. D. a sewing machine, and would be excluded from total cost.
A decrease in aggregate demand would shift the curve ______.
a. from AD1 to AD2
b. from AD3 to AD2
c. from AD1 to AD3
d. from AD3 to AD1