Which of the following can shift the labor demand curve to the left?
a. decrease in the price of the good
b. increase in the wage rate
c. decrease in the wage rate
d. increase in MPP
e. increase in labor productivity
A
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Which one of the following is not a mixed economy?
A. United States B. China C. Japan D. All of the countries listed are mixed economies.
Suppose the federal government passes laws that require banks to disclose the advantages of having their customers use automatic bill paying (an example of a RECAP policy). This would be an example of a:
A. shadow price. B. nudge. C. flawed assumption. D. push.
The total allowable catch (TAC) system differs from the individual transferable quota (ITQ) system in that:
A. TAC limits the total harvest of fish while ITQ does not B. ITQ limits an individual fishery's harvest, but TAC does not C. TAC prevents an "individual arms race" among fisheries, whereas ITQ does not D. ITQ does not offer significant cost-saving benefits, but TAC does
In Figure 3-4 above, the shift from Ap0 to Ap1 could have been caused by a rise in net exports of
A) 180. B) 750. C) 120. D) 300.