The number of workers hired by a firm at a specific wage rate can be determined if you know the

Refer to Figure 11.1. Assume the economy is in equilibrium at 1 = 0. Other things equal, a negative demand shock such as the financial crisis of 2007-2009 would result in a movement from point ________ to point ________

A) A; B B) B; A C) A; C D) A; D

If all developed countries were willing to meet the U.N.'s Millennium Aid Goal for foreign aid, this would eliminate global poverty.

Answer the following statement true (T) or false (F)