When Ia > Ii, unwanted inventories
a. fall, causing both employment and national income to rise
b. fall, causing both employment and national income to fall
c. rise, causing both employment and national income to fall
d. rise, causing both employment and national income to rise
e. do not change and unemployment and national income do not change
C
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Which of the following policy measures prohibited compliance officers from being involved in producing or selling credit ratings?
A) the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 B) Sarbanes-Oxley Act of 2002 C) Global Legal Settlement of 2002 D) Gramm-Leach-Bliley Act of 1999 E) Riegle-Neal Act of 1994
An industry in which an increase in output leads to a reduction in long-run per-unit costs is a(n)
A) increasing-cost industry. B) constant-cost industry. C) break-even cost industry. D) decreasing-cost industry.
Which of the following is not a source of inequality in incomes?
a. redistribution of income b. differences in intensity of work c. differences in ability d. risk taking
The European Union is an example of ________ integration.
A) regional B) relative C) global D) bilateral