According to the law of supply, there is a direct relationship between quantity supplied and:
a. the number of sellers. b. costs of resources.
c. technology. d. the price of the good.
d
Economics
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A country has 6,000 total efficiency units of labor. If the average efficiency of each worker in the economy doubles, the country will have ________ efficiency units of labor, everything else remaining unchanged
A) 48,500 B) 36,000 C) 300 D) 12,000
Economics
If the Fed expects currency holdings to fall, it conducts open market ________ to offset the expected ________ in reserves
A) purchases; increase B) purchases; decrease C) sales; increase D) sales; decrease
Economics