Changes in relative prices during inflationary periods usually lead to
a. decreases in real income.
b. some people gaining real income.
c. increases in the purchasing power of money.
d. increases in real income.
b
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Use the following table to answer the question below. Dave's Production Possibilities SchedulePounds of Green BeansPounds of Corn0160201204080604080 0 Dave's opportunity cost of producing 1 pound of green beans is ________ pound(s) of corn.
A. 1/2 B. 2 C. 4 D. 1
Straight line pay for performance
a. Eliminates the managers' incentives to lie about the budget b. Eliminates the perverse incentive to hide information c. Does not link compensation to meeting a budget target d. All of the above
Economists typically explain occupational differences between men and women through preferences, ability, and discrimination. What additional factor did economists Muriel Niederle and Lise Vesterlund add to this list?
How many members are there of the U.S. Senate Committee on Banking, Housing and Urban Affairs?
A. 15 B. 20 C. 21 D. 28