When the economy slows down the:
A. supply of workers increases.
B. demand for workers increases.
C. demand for workers decreases.
D. supply of workers decreases.
Answer: C
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Under the Soviet system of communism,
A) technological progress was slow because managers had little incentive to develop new technologies. B) managerial pay was determined by the extent to which managers could lower the per-unit costs of production. C) the per-worker production function in the Soviet Union shifted up more rapidly than production functions in other countries. D) competitive pressures in the Soviet Union allowed the country's technological progress to keep pace with the rest of the world.
As a business type, corporations ________ in the United States
A) are subject to the least amount of taxes B) earn the majority of profits C) are the least common D) are the most common
The government uses fiscal and monetary policy to mitigate the effects of economic fluctuations
a. True b. False Indicate whether the statement is true or false
Which statement is FALSE?
A. MV = GDP B. PQ = GDP C. MV = PQ D. None of these choices are false.