Among jobs that you like, you would be wise to choose a job in a field in which:
A. labor supply and labor demand are both decreasing.
B. labor supply is increasing while labor demand is decreasing.
C. labor supply is decreasing while labor demand is increasing.
D. labor demand and labor supply are both increasing.
Answer: C
Economics
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Autonomous planned spending is a function of the
A) marginal propensity to consume. B) marginal propensity to save. C) interest rate. D) tax rate.
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Average revenue minus average total cost equals
a. total economic profit b. total accounting profit c. a normal profit d. economic profit per unit of output e. marginal cost
Economics