Use the supply and demand model to explain why the salaries of nurses in increasing?

a. Demand has increased while supply also increased.
b. Demand has increased while supply decreased.
c. Demand has decreased while supply decreased.
d. Demand has decreased while supply increased.


b. Demand has increased while supply decreased.

Economics

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Which of the following statements regarding the Affordable Care Act (ACA) is true?

A. The ACA could have negative employment effects as some firms will not expand above having 50 workers in order to avoid the mandate. B. The ACA should not be viewed as an employer-provided benefit as the ACA is a federal mandate. C. Prior to the passage of the ACA, over 100 million (more than one-third) of Americans did not have health insurance. D. The ACA will likely lead to an increase in wages. E. All of the statements are true.

Economics

An inefficient firm has costs that are higher than the quality of its product warrants.

a. true b. false

Economics

If planned investment is perfectly unresponsive to changes in the interest rate, the planned investment schedule

A. is horizontal. B. has a positive slope. C. has a negative slope. D. is vertical.

Economics

The presidents most closely associated with the Great Depression were __________ and ____________.

Fill in the blank(s) with the appropriate word(s).

Economics