When a muscle attaches to a bone, the end that does not move is the:
A. insertion.
B. origin.
C. root.
D. tendon.
Answer: B. origin.
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According to supply-side theory, which of the following would cause a leftward shift in the aggregate supply curve?
A. Eliminating excessive government regulation. B. Reducing the minimum wage. C. Increasing government regulations. D. Reducing discrimination in employment.
If one country can produce a good with fewer resources than another country, this is called:
A. specialization. B. geographic advantage. C. comparative advantage. D. absolute advantage.
The demand for money is based on
A. the transactions demand, asset demand, and precautionary demand. B. the demand for cash, demand for securities, and the demand for real estate. C. a demand for liquidity and wealth. D. the demand for consumption, demand for investment, and demand by government.
In the labor market, contracts are often designed to include a variable salary component that is tied to some measure of performance. Why?
A. Such contracts provide workers with the incentive to work hard. B. Labor unions demand a variable salary component. C. The variable component reduces wages paid by firms. D. Most people are risk-loving and thus variability in their compensation leads to higher total utility.