In the early 1980s the savings and loan associations started making _____ loans and paying their shareholders _____ interest rates.
A. riskier; higher
B. riskier; lower
C. less risky; higher
D. less risky; lower
A. riskier; higher
Economics
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An increase in the wage rate will have a greater effect on average costs:
a. the larger the proportion labor costs are of total costs and the easier it is to substitute capital for labor. b. the larger the proportion labor costs are of total costs and the harder it is to substitute capital for labor. c. the greater is the diminishing marginal product of labor. d. the greater are returns to scale.
Economics
The sole proprietorship constitutes what percentage of the total number of firms in the United States?
a. 90 percent b. 75 percent c. 60 percent d. 45 percent e. 20 percent
Economics