Which of the following played a role in depressing aggregate demand in 2001?
a. the end of a stock-market bubble
b. corporate accounting scandals
c. the terrorist attacks on September 11 of that year
d. All of the above are correct.
d
Economics
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A farmer who takes a long position in the futures market is hedging against a potential reduction in prices
a. true b. false
Economics
Which of the following is not correct?
a. Some states in the U.S. mandate minimum wages above the federal level. b. Most European nations have minimum-wage laws. c. The U.S. minimum wage is significantly higher than the minimum wages in France and the United Kingdom. d. The U.S. Congress first instituted a minimum wage with the Fair Labor Standards Act.
Economics