According to the contract theory of wages, firms and workers agree on a contract that fixes
a. money wages.
b. real wages.
c. money wages and employment.
d. real wages and employment.
A
Economics
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In the long run, there are no fixed costs
a. true b. false
Economics
In the figure above, an increase in the U.S. interest rate relative to that in Canada shifts the demand curve for U.S. dollars ________ and shifts the supply curve of U.S. dollars ________
A) leftward; leftward B) leftward; rightward C) rightward; leftward D) rightward; rightward
Economics