Which of the following is false?
a. An increase in labor productivity will shift the demand curve for labor to the right
b. An increase in wage will lead to an increase in the supply of labor.
c. A decrease in the nonwage income of workers would shift the labor supply curve to the right.
d. If job amenities deteriorate, it would lead to a reduction, or leftward shift, in the labor supply curve.
b
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The effects of a per-unit tax imposed on sales of an industry's product would likely include
A) a lower product price at any amount of the product supplied. B) a leftward shift of the market supply curve for the product. C) a leftward movement along the market supply curve for the product. D) none of the above.
Which would concern you most, a 5 percent increase in concentration in a market where the four-firm concentration ratio is 3 percent, 42 percent or 85 percent? Explain your reasoning
When a Central Bank takes action to decrease the money supply and increase the interest rate, it is following:
a. a loose monetary policy. b. a contractionary monetary policy. c. a expansionary monetary policy. d. a quantitative easing policy.
Suppose your bank account pays a 5% interest rate. You are considering purchasing a share of stock in DH Corporation for $250 . The stock will pay you a $10 dividend at the end of years 1, 2, 3, 4, and 5 . You expect to be able to sell the stock at the end of year 5 for $300 . Is DH a good investment? Provide evidence to support your answer