If the Fed does not change its monetary policy in an economy that is producing an output lower than the full-employment level of output, the short-run aggregate supply curve will eventually shift ____, and the price level will ____.
A. left; increase
B. left; decline
C. right; decline
D. right; increase
Answer: C
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What is the real present value of $5,202 to be received after two years if the expected rate of inflation over the next two years is 2 percent ?
A. ?$5,000 B. $4,105 C. ?$4,807 D. ?$5,100
Jim and Pam have been dating for a few months. However, Jim is thinking about breaking up with Pam because he thinks that his relationship with Pam is not as good as the relationship he could have with Sandy. Which concept associated with Social Exchange Theory best explains this situation?
A. comparison level B. comparison level of alternatives C. costs D. rewards
When making a difficult decision, Matthew considers whether his response is true and fair. He also asks himself if the response will build goodwill and be beneficial to all concerned. It appears Matthew is using the ______ ethical approach.
A. Golden Rule B. four-way test C. stakeholders’ approach D. discernment and advice
Employers generally prefer not to receive information that provides information about gender, age, marital status, religion, national origin, or disability because questions could be raised about whether the information was used in the hiring decision
Indicate whether the statement is true or false