The health care industry encompasses the following sectors, except:
A. Medical laboratories
B. Nursing homes
C. Nonprescription drugs
D. Health clubs
D. Health clubs
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Consumption spending is $16 million, planned investment spending is $4 million, unplanned investment spending is $2 million, government purchases are $6 million, and net export spending is $1 million. What is aggregate expenditure?
A) $22 million B) $26 million C) $27 million D) $29 million
The demand for a good or service is...
a.determined by those who buy the good or service. b. the government. c. those who sell the good or service. d. both those who buy and those who sell the good or service.
Which of the following causes a leftward shift in the short-run aggregate supply curve? a. An increase of goods prices while nominal incomes are unchanged
b. An increase in nominal incomes. c. An increase of full-employment real GDP. d. An increase of personal consumption expenditures while the price level is unchanged. e. An increase of personal consumption expenditures while full-employment real GDP is unchanged.
Upon graduation, Shawntae had two job offers. The jobs were identical in every way with two exceptions. One job was located in Ft. Lauderdale, FL and offered an annual salary of $95,000. The other job was located in Tulsa, OK and offered an annual salary of $72,000. All else equal, the salary difference is due to
A. the firm in Florida had a lower demand for workers than the firm in Oklahoma. B. compensating differentials. C. transfer payments D. discrimination.