Which of the following will not shift the demand for labor to the right?
A. An increase in the competitiveness of an industry
B. An increase in the demand for output
C. An increase in the wage rate
D. An increase in the price of a competing input
Answer: C
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The rate of return that financial investors require to hold a risky asset minus the rate of return on a safe asset is called the:
A. nominal interest rate. B. real interest rate. C. risk premium. D. discount rate.
The form of economic system in Hitler's Germany and Mussolini's Italy was called _________.
Fill in the blank(s) with the appropriate word(s).
Considering the value of a financial instrument, the circumstances under which the payment is to be made influence the value because:
A. payments that are made when we need them the most are more valuable. B. we like uncertain payoffs because this adds to the return. C. the sooner the payment is to be made the better. D. we know when certain events are going to occur and that is when we want the payment.
Vertical integration can lower firms' costs through each of the following except which one?
A) increasing the complexity of coordination B) reducing information costs C) eliminating the hold-up problem D) creating synergies