A subsidy paid to producers ?
A. Shifts the supply curve
B. shifts the demand curve
C. Leads to a contractions in supply
D. Leads to an extension of supply
A. Shifts the supply curve
B. shifts the demand curve
C. Leads to a contractions in supply
D. Leads to an extension of supply
A. higher interest rates
B. lower expected future profits
C. more expensive capital goods
D. All of the above
A. quantity demanded will be greater than quantity supplied
B. quantity demanded will be less than quantity supplied
C. demand will be less than supply.
D. quantity demanded will equal quantity supplied .
A. At equilibrium wages workers sleep when the boss is not looking because workers are not deeply concerned about being fired
B. At equilibrium wages workers often quit to find better jobs.
C. At equilibrium wages only minimally qualified workers apply for the job
D. At equilibrium wages, workers cannot afford a healthy diet so they fall asleep at work due to a lack of energy
E. All of these answers
A. Labor is often underemployed, having a low alternative cost
B. It is cheaper to hire labor in LDC because its productivity is relatively higher than in DCs
C. Adapting existing Western technology to LDC conditions requires little creativity
D. Labor is usually considered the scarce factor
A. Credit worthiness
B. Credit Worth
C. Credit line
D. Ratings
A. wholesale price index (WPI)
B. GDP deflator
C. Producer price index (PPI)
D. consumer price index