The business cycle matters for unemployment because:
A. it affects the demand for labor.
B. it affects the supply of labor.
C. Both of these are true.
D. Neither of these is true.
A. it affects the demand for labor.
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Which of the following is always a violation of the antitrust law?
A) price fixing among competitors B) resale price maintenance C) tying arrangements D) predatory pricing
Are policies that aim to help the poor identical to policies that achieve income equality? Why or why not?
What will be an ideal response?
What are some of the policy tools used by supply-side economists, and how do they work?
What will be an ideal response?
Given the slope of a supply curve, if a demand curve becomes more price elastic:
A. the share of a tax consumers pay becomes smaller. B. the share of a tax consumers pay becomes greater. C. consumers pay the entire amount of a tax. D. There is not sufficient information.