If, during the negotiations between the union and the management a strike occurs, it would be because
a. The union is trying to convince the management that it will stick to its strategy
b. The management doesn't believe the union's threat
c. All of the above
d. None of the above
c
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The most common type of interest-rate swap is
A) the plain vanilla swap. B) the basic swap. C) the ordinary swap. D) the notional swap.
If the actual price level is less than the expected price level reflected in long-term contracts, _____
a. firms will find production more profitable in the short run than they had expected and will decrease the quantity of output supplied b. firms will find production less profitable in the short run than they had expected and will decrease the quantity of output supplied c. firms will find production more profitable in the short run than they had expected and will increase the quantity of output supplied d. resource owners will earn higher returns in the short run than they had expected and will decrease the quantity of resources supplied e. unemployment will increase in the short run as firms will substitute labor with capital inputs
If parking spaces on a college campus are scarce, with quantity demanded during the “peak” hours, from 8 a.m. to 11 a.m., far greater than the number of spaces, an economist would propose as an efficient solution,
A. lowering the parking fees during those hours to compensate students for the longer search time. B. charging the same parking fees during all hours of the school day. C. raising parking fees during the peak hours to encourage some students to schedule classes during other hours when parking fees are lower. D. hiring more security guards to patrol for illegal parkers.
The higher opportunity cost of obtaining an education in developing countries is one of the reasons that school enrollments are lower
a. True b. False Indicate whether the statement is true or false