If a new governmental policy increases unemployment benefits, we would expect the labor ________ curve to shift to the ________.
A. demand; left
B. demand; right
C. supply; right
D. supply; left
Answer: D
You might also like to view...
Sammy has a drone that he values at $1,500. Dean values the same drone at $2,000. Sammy decides to sell the drone to Dean for $1,800. If the government imposes a $250 tax on the sale of drones,
A) Sammy and Dean would not be able to complete the transaction. B) Sammy and Dean would still be able to complete the transaction. C) the tax would cause a deadweight loss of $500. D) Both A and C are correct.
Which, if any, of the following causes a country's reported GDP to be less than its total economic production?
A) the exclusion of household production B) the exclusion of government transfers C) the inclusion of government expenditures D) None of the above cause reported GDP to be less than total production.
A weak economy impacts the most skilled and the least skilled equally
Indicate whether the statement is true or false
According to the quantity theory of money, if the velocity of money is stable or at least predictable, then the equation of exchange can be used to predict the effects of changes in the money supply on nominal GDP
Indicate whether the statement is true or false