Automated production methods are only attractive when they
a. replace workers.
b. lower wages.
c. decrease per-unit costs of production.
d. reduce labor productivity.
c. decrease per-unit costs of production.
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Property taxes in the U.S. are ________
A) progressive B) regressive C) proportional D) negative
Specifically, what might cause the quantity demanded of a particular good to double at a particular price?
North Korea has ____________ the process of globalization, while South Korea has _______________ it. A likely result of this is that South Koreans have a much ______________ standard of living than North Koreans
A) embraced; avoided; higher B) embraced; avoided; lower C) avoided; embraced; lower D) avoided; embraced; higher
In calculating the current yield for a bond the:
A. coupon payment is ignored. B. present value of the capital gain/loss is ignored. C. present value of the coupon payments is the only important consideration. D. present value of the final payment is the only important consideration.