One In the News article is titled "Challenging Work and Corporate Responsibility Will Lure MBA Grads." In the headline, which of the following determinants of labor supply is most explicitly mentioned?
A. Prices of consumer goods.
B. Tastes.
C. Expectations regarding prices of consumer goods.
D. Taxes.
Answer: B
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In a VECM,
A) past values of Yt - ? Xt help to predict future values of ?Yt and/or ?Xt. B) errors are corrected for serial correlation using the Cochrane-Orcutt method. C) current values of Yt - ? Xt help to predict future values of ?Yt and/or ?Xt. D) VAR techniques, such as information criteria, no longer apply.
Laws limiting trade are often referred to as:
A. trade protection. B. trade liberalization. C. trade enhancement. D. international policy.
A market structure in which there are many firms selling products that are similar but not identical is known as
a. oligopoly. b. monopoly. c. monopolistic competition. d. perfect competition.
A. decrease the quantity of X demanded by more than 4 percent. B. decrease the quantity of X demanded by less than 4 percent. C. increase the quantity of X demanded by more than 4 percent. D. increase the quantity of X demanded by less than 4
percent. A. the price elasticity of demand is 0.44. B. A is a complementary good. C. the price elasticity of demand is 2.25. D. A is an inferior good.