The Occupational Safety and Health Administration (OSHA) is charged with enforcing workplace safety regulations in the United States. Employees are not allowed to waive these safety rights or to trade them off for higher salaries. That means the safety standards are:
A. negotiable.
B. uniform globally.
C. inalienable.
D. transferable.
Answer: C
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Which of the following is NOT a nontransaction deposit?
A) a money market deposit account B) a certificate of deposit C) a savings account D) a NOW account
A negative externality is a situation in which
A) there is a spillover of benefits. B) a cost associated with an economic activity is borne by a third party. C) a firm is paying in excess of the total costs of producing a good. D) none of the above.
Refer to the graph shown. Suppose the economy is initially at A but then the Fed adopts an expansionary monetary policy. The initial effect of this policy will be pressure to move the economy to:
A. E. B. B. C. C. D. D.
Refer to the accompanying figure.
Starting from long-run equilibrium at point C, a tax cut that increases aggregate demand from AD to AD1 will lead to a short-run equilibrium at point ________ and eventually to a long-run equilibrium at point ________, if left to self-correcting tendencies.
A. B; A B. B; C C. D; B D. D; C