When unemployment insurance benefits exceed the wages a worker could earn when employed, the worker will have an incentive to:
A. have his/her unemployment insurance benefits cancelled.
B. decrease his/her reservation price.
C. remain unemployed longer than otherwise.
D. accept the first job offered.
Answer: C
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The form of business organization with the most flexibility of management is the
a. sole proprietorship. b. partnership. c. corporation. d. cooperative.
President Bush lowered income taxes for individuals in 2001. Explain how lower income taxes affect the aggregate demand curve
What will be an ideal response?
Being too big a firm can be a per se violation of antitrust laws
a. True b. False Indicate whether the statement is true or false
The country of Elbia has a GDP of $2,000 . consumption of $1,300, and government purchases of $400 . Which of the following is equal to $300?
a. domestic investment b. domestic investment plus net capital outflow c. domestic investment minus net capital outflow d. None of the above is correct.