A normative statement i. can be tested as to whether it is true or false. ii. is considered negative. iii. depends on a person's values
A) i only
B) iii only
C) i and iii
D) ii and iii
E) i, ii, and iii
B
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When someone is stressed the first phase is physiological, second is resistance and the last stage is:
a. Evaluation b. Exhaustion c. Clarity d. Symbolic reaction
In which case will the transition from short run to long run involve the shortest chronological time?
a. a service that provides temporary secretaries to companies b. an automobile factory c. a farm d. an electric utility
Refer to the graph shown. Assume that the market is initially in equilibrium at a price of $10 and a quantity of 500 units. In equilibrium, producer surplus is equal to:
A. 3,500. B. 1,500. C. 2,500. D. 5,000.
Nominal GDP is output measured in ________ prices while real GDP is output measured in ________ prices
A) current; current B) current; fixed C) fixed; fixed D) fixed; current