A secondary effect of installment credit was the
(a) development of a new market in used durables.
(b) emergence of a new network of dependable supplies of electric power.
(c) surge in prices.
(d) increased government intervention in household activity.
(a)
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Under the Patient Protection and Affordable Care Act (ACA), insurance companies will be required to participate in a high-risk pool that will cover individuals with pre-existing medical conditions
Indicate whether the statement is true or false
If the firm hires security guards to enforce a lockout, what are they implying?
a. They would always accommodate b. They would always bargain hard c. They would not accommodate d. Both B&C
A peak in the business cycle:
A. is a temporary maximum point. B. occurs when the inflation rate is its lowest. C. occurs when the unemployment rate is its greatest. D. is a temporary minimum point.
Because marginal cost is always ________ in the short run, total variable cost always ________ when output increases.
A. positive; decreases B. negative; increases C. negative; decreases D. positive; increases