What is the effect when there is an increase in the European inflation rate relative to the U.S. interest rate?
a. Europeans buy fewer dollars, shifting S1 to S2.
b. U.S. consumers buy more European goods, shifting D1 to D2.
c. Europeans supply euros to buy more dollars, shifting S1 to S2.
d. U.S. consumers demand more euros, shifting S1 to S2.
c. Europeans supply euros to buy more dollars, shifting S1 to S2.
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Based on the data in the table above, which worker at Decent Donuts has the highest marginal product?
A) the fourth B) the fifth C) the sixth D) the seventh
Currently, there are fewer male than female nurses. This is proof that there is sex discrimination in the nursing profession
a. True b. False Indicate whether the statement is true or false
Which of the following does not describe the hypothesis that changes in technology have altered the relative demand for skilled and unskilled labor?
a. Firms rely more on computer databases than on paper filing systems so there is an increased demand for high-skilled computer programmers. b. Consumers can accomplish many simple banking tasks on an automated teller machine (ATM) rather than speaking to a bank teller so there is a decreased demand for low- skilled bank tellers. c. Transponders in peoples' vehicles can be used to automatically deduct tolls from debit accounts, reducing the need for low-skilled toll collectors. d. Improvements in technology have made tax preparation software easy for an average citizen to use, reducing the need for high-skilled accountants.
The ________ lag for monetary policy tends to be much shorter than for fiscal policy because only monetary policy requires rather immediate changes in open market operations.
A. response B. recognition C. implementation D. reorganization