Wages for workers producing iPods and similar products will rise next year. Walkman Watch asks you to predict the effect of this change in next year's market for iPods. You predict that the major effect will be that the
A) demand curve for an iPod will shift rightward.
B) demand curve for an iPod will shift leftward.
C) supply curve for an iPod will shift leftward.
D) supply curve for an iPod will shift rightward.
C
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Which of the following areas employed more workers in 2013?
a. educational and health services b. business and professional services c. retail trade d. manufacturing companies
Government actions designed to affect the performance of the economy as a whole are called ________ policies.
A. global B. macroeconomic C. microeconomic D. social
If nominal GDP = $900 billion and the public holds $300 billion in M2, then the velocity of the M2 money supply is
A) 1. B) 2. C) 3. D) 4.
What are the possible costs of a service failure?
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