Firemen generally are paid higher wages because
a. they are usually highly educated
b. they are usually working under riskier conditions
c. they are working long and uncertain hours
d. both B&C
d
Economics
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Microeconomic topics do not usually include: a. how wages are determined in the labor market
b. the magnitude of national income. c. how firms choose output to maximize profits. d. how consumers maximize utility subject to a budget constraint.
Economics
Which of the following is not generally considered to be a major cure for insolvency?
a. Equity infusions. b. Expansionary monetary policies. c. Financial restructuring. d. New management strategies. e. Asset liquidations.
Economics