Organizing production, obtaining financing, assigning workers to jobs, and dealing with suppliers are among the ways that ________ increases average labor productivity.
A. a manager
B. an entrepreneur
C. human capital
D. physical capital
Answer: A
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In the Cambridge version of the Quantity Theory of Money, the amount of real money balances __________ after an increase in the nominal money supply
A) increases B) decreases C) is unchanged D) Cannot be determined from the information given.
If firms are uncertain about future returns and delay business investments,
A) the supply of loanable funds will shift rightward. B) the supply of loanable funds will shift leftward. C) the demand for loanable funds will shift rightward. D) the demand for loanable funds will shift leftward.
Allied Business Consultants employs five researchers that each work 8 hour days. In one day the researchers prepared 10 reports for its 2 largest clients. What was Allied Business Consultants' productivity?
a. 10 reports b. 5 reports per client c. 1.25 reports per hour d. 1/4 report per hour
Identify the comovement (i.e., direction and timing) of the following variables over a business cycle: (a) industrial production; (b) unemployment; (c) nominal interest rates; (d) nominal money supply growth; and (e) investment.
What will be an ideal response?