Which of the following is NOT the cause of an adverse productivity shock to the labor market?
A) a decline in the quantity of non-labor factors of production
B) a drop in multifactor productivity
C) a decrease in the labor force
D) none of the above
C
Economics
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The price of one country's currency in terms of another country's currency is called the
A) exchange rate. B) interest rate. C) Dow Jones industrial average. D) prime rate.
Economics
At the last board meeting a member proposed that the Marshall Lions Club lower its hamburger price at the Celebrate Marshall Festival. He argued this would sell more hamburgers for charity
a. He is wrong. b. Revenues would decrease. c. Revenues would rise. d. Revenues are not what matters. e. Profits would increase.
Economics