You own a business that answers telephone calls for physicians after their offices close. You have an incentive to substitute capital for labor if the
A. price of labor decreases.
B. price of capital decreases.
C. marginal product of labor increases.
D. price of capital increases.
Answer: B
Economics
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Which of the following would cause the price of the dollar to rise?
A) a fall in bond prices B) an increase in bond prices C) a decrease in interest rates D) a fall in the exchange rate
Economics
Taking into consideration indirect stock ownership in the United States, we can conclude that
a. stock ownership is on the decline b. the majority of the population are stockholders c. all businesses are in fact corporations d. too much cheating is going on in the stock market e. we should change the laws so that pension funds can buy stocks
Economics