Bill's Lawn service starts the year with 20 lawn mowers. During the year, 3 mowers break and are not worth fixing. Bill also expands his business and buys 10 more mowers. Bill's gross investment is ________ mowers

A) 13 B) 10 C) 30 D) 27 E) 7

B

Economics

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Suppose Stan transfers $1,000 from his savings account into his checking account. What are the effects on M1 and M2 money supply?

A) M1 increases; M2 remains the same. B) M1 decreases; M2 increases. C) Both M1 and M2 increase. D) Both M1 and M2 decrease. E) Both M1 and M2 remain the same.

Economics

Not all similarly skilled workers are included in unions. As a result, wages for unionized workers tend to be ____ than for nonunion workers. Additionally, as a significant number of skilled workers seek work in the nonunion sector, the supply curve for nonunion labor shifts to the ____, thereby ____ wages for nonunion workers

a. higher; right; reducing b. higher; left; reducing c. lower; right; increasing d. lower; left; increasing

Economics