In the long run, the Fed may decrease the unemployment rate only if it is willing to increase the rate of inflation

If price fixing by competitors is necessary because without it a firm will go bankrupt, is the price fixing legal?

What will be an ideal response?

If grades are to be a successful signal to potential employers of a student's qualities, then higher grades must be

A) easier for high-productivity students to earn than for low-productivity students to earn. B) easier for low-productivity students to earn than for high-productivity students to earn. C) easy for employers to check. D) used for all future promotions within the firm. E) often referred to in the hiring process.