After graduating from high school, Adam is thinking about going to college. The college tuition is $15,000 a year. Instead of going to college, Adam could take a full-time job that pays $25,000. What is Adam's opportunity cost of attending college for

What is destabilizing speculation? What role did it play in the collapse of the Bretton Woods system?

What will be an ideal response?

If the demand for labor is plotted against the money wage, with the money wage on the vertical axis, then

a. an increase in the price level will cause the labor demand schedule to shift to the right. b. an increase in the money wage will cause the labor demand schedule to shift to the left. c. an increase in the money wage will cause the labor demand schedule to shift to the right. d. the labor demand schedule will be upward sloping.