Outsourcing leads to
A. Decreases in productivity and decreases in total output.
B. Decreases in productivity and increases in total output.
C. Increases in productivity and increases in total output.
D. Increases in productivity and decreases in total output.
Answer: C
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Samara's income is $30 a month and she spends all of it on music downloads and gasoline. The price of a music download is $3 and the price of a gallon of gasoline is $3
At Samara's best affordable point, her marginal rate of substitution is ________ gallon of gasoline per music download. A) 0.5 B) 1 C) 1.5 D) More information is needed to determine the marginal rate of substitution.
Which of the following pairs of goods is likely to have a negative cross-price elasticity of demand?
A) pancakes and syrup B) orange juice and grapefruit juice C) peanuts and cat food D) hot dogs and hamburgers
According to Classical interest rate theory, falling interest rates will
A) increase the demand for money. B) decrease the demand for money. C) decrease investment expenditures. D) decrease the saving rate.
When a child-care agency refuses to hire Jack simply because he is male, it is called: a. wage discrimination
b. job-entry discrimination. c. affirmative action. d. environmental factor discrimination.