Which one of the following statements is the most accurate?
A. An increase in disposable income worsens the current account.
B. An increase in disposable income improves the current account.
C. An increase in disposable income does not affect the current account.
D. An increase in income worsens the current account.
Answer: A. An increase in disposable income worsens the current account.
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What are the policies usually advocated by supply-side economists? How do they justify these proposals?
What will be an ideal response?
An example of a capability considered in the capabilities approach would be:
A. living free of the fear of violence B. to have the ability to purchase an item you really want. C. earning a livable wage. D. being able to afford a nice home.
To minimize costs, firms should have plants close to every market
Indicate whether the statement is true or false
Refer to the figure above. Everything else remaining unchanged, at what rate will the wage be held if there is downward wage rigidity in the market, when the demand curve shifts to LD2?
A) $50 B) $30 C) $40 D) $20