The supply of labor does not depend upon
a. the demand for labor
b. the amount of wealth held by workers
c. the size of the population
d. alternative employment opportunities
e. the location of the work place
A
Economics
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A bank's "required reserves" are:
a. held as deposits with the Federal Reserve System. b. equal to its checkable deposits. c. equal to its transactions deposits. d. none of these.
Economics
If a demand curve for a good were completely vertical, it would be considered:
A. perfectly elastic. B. perfectly inelastic. C. unitary elastic. D. relatively inelastic.
Economics