A worker deciding how many hours to work can be represented:
A. with an individual labor-supply curve.
B. in the market labor-supply curve.
C. with an individual labor-demand curve.
D. in the market labor-demand curve.
A. with an individual labor-supply curve.
Economics
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Refer to the graph above. Which of the following would shift the investment demand curve from ID 2 to ID 3 ?
A. Greater inventories of capital goods
B. Higher business taxes on capital goods
C. A more rapid rate of technological progress
D. Lower expected rates of return on investment in capital goods
Economics
If the government enacts contractionary fiscal policy, it:
A. must want to slow economic activity. B. could increase taxes. C. expects aggregate demand to decrease. D. All of these are true.
Economics