Which of the following statements would be represented by a backward-bending labor supply curve?
a. A $50,000-a-year professor works more hours than a $20,000-a-year professor.
b. The CEO of a major computer manufacturer works more hours than the union workers.
c. The owners of a successful business work fewer days than do their employees.
d. Hospital janitors work fewer hours than does the chief of obstetrics.
e. High-ranking executives are more likely to work past 5:00 p.m. than are middle managers.
C
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The goals of monetary policy tend to be interrelated. For example, when the Fed pursues the goal of ________, it also can achieve the goal of ________ simultaneously
A) economic growth; a low current account deficit B) high employment; lowering government spending C) stability of financial markets; a low current account deficit D) high employment; economic growth
In recent years, "country risk analysis" has become an important part of international business. What do we mean by "country risk"? Briefly explain the factors that are involved in a country risk analysis
What will be an ideal response?