Nursing home workers, poultry processing workers, and janitorial workers all have jobs in the
A. primary labor market.
B. secondary labor market.
C. neither the primary nor the secondary labor market.
B. secondary labor market.
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Firms often seek to borrow money to expand their capital stock, and the price they pay for that money is the interest rate. What happens to the supply of money (to lend) if the interest rate increases?
A. It increases. B. It decreases. C. It does not change. D. It depends entirely on the interest rate.
In a market economy, supply and demand determine both the quantity of each good produced and the price at which it is sold
a. True b. False Indicate whether the statement is true or false
Economists at which administrative department help formulate spending plans and regulatory policies?
The __________ rate is the interest rate one bank pays another bank for a loan
A) discount B) mortgage C) reserve requirement D) federal funds E) bank-borrowing