It is illegal in the United States for firms to pay different employees different wages for doing the same job
a. True
b. False
Indicate whether the statement is true or false
False
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"The Federal Reserve should raise interest rates in order to keep inflation at an acceptably low level" is a ________ statement about ________ policy.
A. normative; fiscal B. positive; monetary C. normative; monetary D. positive; fiscal
As price rises, quantity supplied
A. rises. B. falls. C. remains the same.
The demand for Cinnamon Toast Crunch brand cereal is:
A. less elastic than the demand for cereal in general. B. equally elastic to the demand for cereal in general. C. more elastic than the demand for cereal in general. D. None of the statements is correct.
A technological advance in the production of digital video recorders will cause them to become less expensive.
Answer the following statement true (T) or false (F)