The slope of a line is equal to the change in the x-variable divided by the change in the y-variable
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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Which of the following statements is true?
A) Firms normally prefer wage cuts over lay-offs. B) Cuts in wages boost worker morale. C) Workers normally resist increases in wages. D) Wage rigidity can cause unemployment.
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Among the pioneers of real business cycle theory is ________
A) Edward Prescott B) Robert Lucas C) Robert Solow D) Paul Volcker
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