Economics studies the consequences of
A) choices made by individuals.
B) choices made by businesses.
C) choices made by governments.
D) choices made by society.
E) choices made by the entire planet earth.
A
Economics
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How would you best describe a manufacturing employee who has been fired because he was replaced by a robot (new technology) and does not have the skills necessary to help operate the robot?
A) job leaver B) entrant/reentrant C) cyclically unemployed D) structurally unemployed
Economics
The above table has the balance of the University National Bank. All figures are in millions of dollars. The desired reserve ratio is 20 percent. What is the value of excess reserves held by the University National Bank?
A) $88 million B) $232 million C) $320 million D) $352 million
Economics