The demand for an input used in a fixed proportions technology
A) is identical to the demand for the other inputs.
B) is greater than the demand for the end product itself.
C) lies below the demand for the end product itself.
D) is the same as the demand for the end product itself.
C
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Explain how the aggregate demand and aggregate supply model can be made more dynamic
What will be an ideal response?
Labor market regulations in European Union countries
a. do not contain limitations on plant closing but do have provisions for mandatory severance pay that may discourage firms from expanding employment. b. include limitations on plant closing but have no provisions for mandatory severance pay that may discourage firms from expanding employment. c. neither entail limitations on plant closing nor provisions for mandatory severance pay that may discourage firms from expanding employment. d. include limitations on plant closing and provisions for mandatory severance pay that may discourage firms from expanding employment.