________ dictates the lowest wage that firms may pay for labor

A) The black-market wage B) A maximum wage requirement
C) A minimum wage law D) A price-ceiling wage

C

Economics

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Compared to the averages for post World War II recessions, the recession of 2007-2009 was ________ in duration and the decline in real GDP was ________

A) shorter; smaller B) longer; smaller C) longer; greater D) shorter; greater

Economics

Temporary tax cuts will have a greater influence on consumption expenditures than temporary tax cuts

Indicate whether the statement is true or false

Economics