If at a given wage, the quantity supplied of labor exceeds the quantity demanded of labor:
A) the wage rate will fall. B) the wage rate will increase.
C) the aggregate price index will rise. D) the aggregate price index will fall.
A
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Give an example of price discrimination
What will be an ideal response?
Most of the taxes collected by governments tend to
a. remain fixed. b. move in the opposite direction from GDP. c. be sales taxes. d. rise and fall with the level of GDP.
A firm that owns and controls operations in more than one country is a(n)
A. monopolist. B. cross-border business alliance. C. franchise. D. MNE.
Refer to the data. If year 1 is the first year of this nation's existence and year 4 is the present year, the public debt as a percentage of GDP in year 4 is:
Answer the question using the following budget information for a hypothetical economy. Assume that all budget surpluses are used to pay down the public debt.
A. 7.5 percent.
B. 1.39 percent.
C. 2.5 percent.
D. 3.9 percent.