Which of the following is not likely to contribute to gains in productivity?
A. Greater expenditures on training and education.
B. Improved management.
C. Greater expenditures on research and development.
D. Increased unemployment benefits.
D. Increased unemployment benefits.
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If the Federal Reserve sells $100 of securities through a commercial bank when the reserve requirement is 10 percent, the maximum potential change in the money supply is
A) a $1,000 increase. B) a $1,000 decrease. C) a $100 decrease. D) a $100 increase.
When female/male earnings differentials are adjusted for age, education, language, and locational characteristics, the
a. differential between the earnings of males and those of females increases substantially. b. differential between the earnings of males and those of females does not change much. c. corrected earnings of males are equal to those of similar females. d. corrected earnings of females are greater than those of similar males.
A British waste management company acquired two other companies that specialized in disposal of hazardous wastes even though the two companies were losing money. Planning and regulatory requirements in the United Kingdom make it difficult for firms to establish new hazardous waste landfills, and the combined companies would control most hazardous waste landfills in some parts of the country. How do the planning and regulatory requirements affect the market for hazardous waste?
A. They create a burden on the company, and so it probably will lobby to repeal them. B. They help the merged companies because it will be expensive for other firms to enter the market to compete with them. C. They make the market for hazardous waste disposal into a monopolistically competitive market. D. They make the market for hazardous waste disposal into a contestable market.
Which is consistent with the law of demand?
a. An increase in the price of ice cream causes an increase in the quantity of ice cream demanded b. A decrease in the price of bagels causes an increase in the quantity of bagels demanded c. An increase in the price of candy bars causes no change in the quantity of candy bars demanded d. A decrease in the price of muffins causes a decrease in the quantity of muffins demanded