An increase in tuition rates for astronomy students would
a. decrease the wage rate for astronomers
b. cause the demand curve for astronomers to shift to the right
c. cause the demand curve for astronomers to shift to the left
d. lead to future reductions in the labor supply of astronomers
e. lead to a rise in the marginal revenue product of astronomers
D
Economics
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Which of the following does the federal reserve use most often to combat a recession?
a) selling securities b) buying securities c) reducing reserve requirement d) increasing discount rate e) increasing federal funds rate
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The negative correlation between the vacancy rate and the unemployment rate is called
A) The Laffer curve. B) The Phillips curve. C) The Fisher relation. D) The Beveridge curve.
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