Negative Incentive any kind of incentive to discourage you to take action
What will be an ideal response?
any kind of incentive to discourage you to take action
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When the natural unemployment rate increases,
A) both the long-run Phillips curve and the short-run Phillips curve shift leftward. B) there are no shifts of either the long-run Phillips curve or the short-run Phillips curve. C) both the long-run Phillips curve and the short-run Phillips curve shift rightward. D) the long-run Phillips curve shifts leftward, and the short-run Phillips curve shifts rightward. E) the long-run Phillips curve shifts rightward, and the short-run Phillips curve shifts leftward.
Product-line extension is a form of price discrimination
Indicate whether the statement is true or false
Other things the same, when the interest rate rises, the present value of future revenues from investment projects
a. rises, so investment spending rises. b. falls, so investment spending rises. c. rises, so investment spending falls. d. falls, so investment spending falls.
A monopoly is an industry with
A. a single firm in which the entry of new firms is blocked. B. a small number of firms each large enough to impact the market price of its output. C. many firms each able to differentiate their product. D. many firms each too small to impact the market price of its output.