In a traditional economy, innovation is encouraged
a. True
b. False
Indicate whether the statement is true or false
False
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Employment protection laws make it ________ for firms to hire people, which can result in a(n) ________ in the number of people who are structurally unemployed
A) more risky; increase B) more risky; decrease C) less risky; increase D) less risky; decrease
The Board of Governors of the Federal Reserve is:
a. appointed by the president, and each governor serves a 7-year term. b. appointed by the president, and each governor serves a 14-year term. c. elected by Congress, and each governor serves a 10-year term. d. elected by Congress, and each governor serves a 4-year term. e. elected by Congress, and each governor serves a 7-year term
An increase in the demand for bonds generates
A) an increase in both the interest rate and the exchange rate. B) a decrease in both the interest rate and the exchange rate. C) an increase in the interest rate and a decrease in the exchange rate. D) a decrease in the interest rate and an increase in the exchange rate.
Use the following graph of the demand for electric cars to answer the question below.
Refer to the three demand curves for electric cars. Which of the following would shift the demand for electric cars from D1 to D3?
A. an increase in the price of electric cars B. a decrease in the price of electric cars C. a decrease in the price of gasoline D. an increase in the price of gasoline