Which of the following are examples of nonwage determinants of labor supply?
a. current wealth status
b. environment of the workplace
c. status of the position
d. all of the above are examples of nonwage determinants of labor supply
d
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One of the reasons the pound depreciated in 1992 was:
A) because Britain was running out of stock of foreign currency reserves. B) because Britain started exporting more than it imported C) because Britain started importing more than it exported. D) because speculative trading had decreased in foreign exchange markets.
The best example of an oligopolistic industry in the United States is
a. gas stations. b. grocery stores. c. automobile production. d. farming.
The television network newscaster reports that the national inflation rate in the past year was equal to 4 percent. This report is most likely prepared from work done by a(n)
a. microeconomist b. normative economist c. macroeconomist d. econometrician e. social scientist rather than an economist
A change in a consumer's feelings about the desirability of a good will result in an altered slope of the budget constraint
Indicate whether the statement is true or false