An economy in which output has decreased and prices have increased would suggest that there has been a:
A. negative demand side shock.
B. negative supply side shock.
C. positive demand side shock.
D. positive supply side shock.
Answer: B
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? Refer to Table 4-1. At $10, what is the surplus?
A. 4,500 B. 3,000 C. 1,500 D. 0
When a particular resource is commonly used, it tends to get underutilized
a. True b. False Indicate whether the statement is true or false
Inclusion of essential elements in job descriptions is required by the
A. Americans With Disabilities Act B. Title VII of the 1964 Civil Rights Act C. Fair Labor Standards Act D. Equal Pay Act
Which statement is true?
A. There is no evidence whatsoever to support the contention that women, blacks, Hispanics, and other minorities are victims of employment discrimination. B. The relatively lower wages earned by women and minorities can be explained entirely by employment discrimination. C. The poverty of women, blacks, and Hispanics can be explained almost entirely by their low earnings. D. None of these statements are true.