The conflict between the Vice President of Marketing and her sales staff arises because
a. the sales staff are unwilling to offer discounts
b. the Vice President does not want to negotiate aggressively enough
c. the sales staff do not want to negotiate too aggressively
d. the Vice President is more willing to offer discounts to make the sale
c
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In the figure above, if the government starts to provide university education at no charge, in the long run, the wage rate of high-skilled workers will ________ and the wage rate of low-skilled workers will ________
A) rise; fall B) fall; rise C) fall; fall D) rise; rise
Real income will rise from one year to the next if nominal income:
A. Falls and the price level falls faster B. Rises and the price level rises faster C. Falls and the price level rises D. Falls faster than the price level