Bill's Lawn service starts the year with 20 lawn mowers. During the year, 3 mowers break and are not worth fixing. Bill also expands his business and buys 10 more mowers. Bill's capital at the end of the year is ________ mowers

According to the text, during which time period did the United States have the highest unemployment rates?

A) 1930s B) 2000s C) 1950s D) 1980s

Three employers have justified their actions as follows. Whose logic is not consistent with the logic of efficiency wage theory?

a. Instead of spending money on an electronic timing system that monitors worker hours, Tom spends an equivalent amount of money on higher wages. b. Dick pays his workers less than the equilibrium wage so that they will not have the time or money to look for work somewhere else. c. Harry pays his workers in a developing country more than the going wage hoping that they will get a better diet and so be more productive. d. None of the above is consistent with the logic of efficiency wage theory.