An advance in technology that results in increased productivity results in a

A) rightward shift of the labor supply curve.
B) rightward shift of the labor demand curve.
C) rightward shift of both the labor supply and labor demand curves.
D) no change to the production function.

B

Economics

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Unlike social insurance taxes, income taxes are paid on wages only

Indicate whether the statement is true or false

Economics

If a bond was to pay off one year from now for $440 and the interest rate is 10 percent, what is the price of the bond?

A) $44 B) $400 C) $440 D) $484

Economics