Which of the following will improve your salary bargaining position
a. Wait until the large project you were integral to is completed
b. Wait until your employer has hired many others with similar skills as yours'
c. Wait until your employer has invested greatly into a long-term project you lead
d. Wait until your employer buys new machinery that you are incapable of operating
c
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The Consumer Price Index (CPI) measures the changes of the
A) prices paid by consumers for a fixed market basket of consumer goods and services. B) quantities of a fixed market basket of goods produced by businesses. C) lowest prices paid by consumers for a fixed market basket of consumer goods and services. D) prices paid by all businesses for a fixed market basket of production resources. E) prices paid by consumers and businesses for a fixed market basket of goods and services.
Defensive open market transactions
A) are aimed at achieving changes in monetary policy. B) are used much less frequently than dynamic open market transactions. C) are used to offset disturbances to the supply or demand for reserves. D) make it easy to deduce the Fed's intentions for monetary policy.
Ball's research on disinflation across different countries found that
A. costs of disinflation were smaller for rapid disinflation than for gradual disinflation. B. costs of disinflation were about the same for both rapid and gradual disinflation. C. costs of disinflation were larger for rapid disinflation than for gradual disinflation. D. costs of disinflation were smaller when the central bank had a strong inflation-fighting reputation.
A game in which pursuing dominant strategies results in noncooperation that leaves all parties worse off is a
A) prisoner's dilemma. B) cooperative equilibrium. C) zero-sum game. D) first-price auction.