Which of the following would be most likely to cause an increase in the wage rate for a particular job?
a. A decrease in the amount of training needed to perform this job.
b. An increase in the danger of this job.
c. A decrease in the danger of this job.
d. An improvement in the working conditions associated with this job.
e. An increase in the number of workers with the skills for this job.
B
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Disinflation means a decrease in:
a. the rate of inflation. b. the general level of prices in the economy. c. the prices of all products in the economy. d. the circular flow.
According to the World Bank, "extreme" poverty is defined as an income per person of less than
A. $1.90 per day. B. $5,000 per year. C. $2.50 per day. D. $29,000 per year.
The marginal propensity to consume is
a) consumption divided by disposable income b) national income divided by consumption c) the change in national income caused by a $1 change in consumption d) the change in consumption caused by a $1 change in disposable income e) the percentage increase in consumption caused by a 1% decrease in savings
Raising funds through financial intermediaries is called
A) direct finance. B) corporate finance. C) indirect finance. D) dividend reinvestment.