In the Classical system, the total output of goods and services and total employment are determined by all of the following except

Refer to Figure 16.1. An increase in expected output in the future is best represented by a movement from

A) point A to point B. B) point B to point A. C) point A to point C. D) point C to point A.

A payday loan company has decided to open several new locations in the city. To decide where to open these locations it hires consultants and pays them per store opened. At the end of the quarter, the company notices a many of the new stores' sales volume fail to meet expectations. To incentivize the consultants to instead focus on opening profitable stores, the company decided to alter the

compensation to a percentage of the profit earned per new store. This puts the consultants a. In a less risky position b. A more risky position c. In risk neutral position d. None of the above