Which of the following is a labor resource?
A. A computer programmer.
B. A computer.
C. Silicon (sand) used to make computer chips.
D. A piece of software used by a firm.
Answer: A
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Starting in 1974, the conventional M1 money demand function began to severely ________ the demand for money. Stephen Goldfeld labeled this phenomenon "the case of the missing ________."
A) underpredict; velocity B) overpredict; velocity C) underpredict; money D) overpredict; money
A . Explain why many less-developed economies have greater income inequality than more-developed economies. b. What is the key to greater income equality in less-developed economies? Explain
Which of the following would increase the price of fitness equipment?
a. a reduction in consumer income b. a major study indicating that a 30-minute workout each day improved health more than was previously thought to be the case c. a decrease in the price of steel used to produce the equipment d. all of the above
Some economists believe that government bailouts privatize the benefits of doing business and socialize the costs, leading to more companies needing to be bailed out
Indicate whether the statement is true or false