What does LIBOR stand for?

A) London Interbank Offer Rate
B) Least Integral Borrowing Order Rate
C) Local Interest Bank Ongoing Rate
D) Liberalized Interoffer Borrowing Rate

A

Economics

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Economic theory suggests that the standard of living of American workers would rise if

a. the minimum wage were doubled. b. the knowledge and skills of workers improved. c. older workers were forced to retire earlier, opening up jobs for younger workers. d. technological setbacks lowered output per worker hour, increasing the number of jobs.

Economics

Use the above figure. Which graph depicts a normal good?

A. A B. B C. C D. D

Economics