Auto workers negotiate a wage increase. How does this wage hike affect the supply of cars?

A) It decreases the supply.
B) It increase the supply.
C) It has no effect.
D) There is not enough information to tell if the change increases, decreases, or has no effect on the supply of cars.


A

Economics

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According to the text, the probability of an unemployed person finding a job doubles when

A) his unemployment benefits expire. B) the economy enters a recessionary phase. C) his unemployment benefits are extended. D) he is threatened with arrest.

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The cost of risk is the same for everyone

Indicate whether the statement is true or false

Economics

An incentive compensation scheme includes

a. a performance evaluation system b. a disciplinary action committee c. a reward system linked to performance d. Both A&C

Economics

According to the World Bank definitions, there are more people in the world living in extreme poverty than there are living in severe poverty.

Answer the following statement true (T) or false (F)

Economics