Since measurable factors such as years of experience and years of education explain less than half of the variation in wages, ability, effort, and chance must play a significant role in determining wages
a. True
b. False
Indicate whether the statement is true or false
True
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Coldest Ice produces ice packs for use in lunch boxes. All of the following could be accidents for Coldest Ice except which one?
A) the ice packs failing to meet safe food temperatures B) the ice packs infringe on another firm's patent C) a successful audit D) the ice packs leak
Gilligan runs the only dry-cleaning business on a desert isle. If the cost of cleaning fluid falls, he can increase profit by
a. raising price b. charging the highest price he can c. using less cleaning fluid d. lowering price e. charging a price equal to marginal cost
The idea that anticipated monetary policy cannot affect real variables such as real Gross Domestic Product (GDP) or employment is known as
A. the policy irrelevance proposition. B. the job search model. C. the Keynesian hypothesis. D. the monetary velocity theory.
Voters' Ordered PreferencesAbbyBobCarloPublic parksPublic zooPublic transportationPublic zooPublic transportationPublic parksPublic transportationPublic parksPublic zooIf a pair-wise majority vote was held, the voters' preferences are shown in the table, and Carlo is setting the agenda for votes, which pair will he put up for vote first?
A. Public zoo and public parks B. Public transportation and public zoo C. It will not matter, as it will not affect the outcome of the voting. D. Public parks and transportation