Theoretically, an increase in the real wage
A) increases leisure.
B) decreases leisure.
C) has an ambiguous effect on leisure.
D) has no effect on leisure.
C
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A credible threat is:
A. possible to carry out. B. in the threatener's interest to carry out. C. legally enforceable. D. not in the threatener's interest to carry out.
Suppose the figure below shows the demand curve, marginal revenue curve and marginal cost curve for a monopolist. This monopolist maximizes its profit by producing ________ textbooks per week and charging a price of ________ per textbook.
A. 100; $40 B. 100; $80 C. 150; $40 D. 150; $20
If a corporate bond with face value of $1,000 has an interest rate of seven percent paid once a year for a term of 10 years, what is the size of the coupon payment?
A) $1,000 B) $700 C) $70 D) $7
Which of the following is a final good or service?
A. Wood pulp purchased by a paper company B. A box of brownies purchased by your instructor C. A computer chip purchased by Banana Computers D. Potatoes purchased by a potato chip company