All developing countries suffer from a critical shortage of:
A. Land
B. Population
C. Capital goods
D. Government regulation
C. Capital goods
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Which of the following statements is true?
A) There will be no change in unemployment if there is a leftward shift in the labor demand curve and there is wage rigidity, everything else remaining unchanged. B) Unemployment will be higher if there is a leftward shift in the labor demand curve and there is no wage rigidity, everything else remaining unchanged. C) Unemployment will be higher if there is a leftward shift in the labor demand curve and there is downward wage rigidity in the labor market, everything else remaining unchanged. D) There will be an increase in unemployment if there is a leftward shift in the labor demand curve and there is no wage rigidity, everything else remaining unchanged.
Taylor spends all of her income on tank tops and running shoes, and the price of a pair of running shoes is four times the price of a tank top. In order to maximize total utility, Taylor should buy
a. four times as many tank tops as pairs of running shoes. b. four times as many pairs of running shoes as tank tops. c. both items until the marginal utility of a pair of running shoes is four times the marginal utility of a tank top. d. both items until the marginal utility of a tank top is four times the marginal utility of a pair of running shoes.
Interest rate volatility is a problem because:
A. it decreases risk. B. financial decisions become less difficult when interest rates are more volatile. C. it can impact productivity in a positive way. D. it adds to uncertainty, thereby diminishing the investment.
Refer to the following table:
What is marginal benefit for the 3rd unit of the activity?
A. 115 B. 175 C. 180 D. 160 E. none of the above