When the government cuts the income tax rate, the supply of labor ________, the demand for labor ________, and the equilibrium level of employment ________
A) increases; increases; increases
B) increases; decreases; increases
C) increases; does not change; increases
D) decreases; increases; increases
E) increases; does not change; decreases
C
Economics
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A Dutch auction is a(n) ________
A) sealed-bid first-price auction B) sealed-bid second-price auction C) penny auction D) open outcry auction
Economics
A the beginning of 2012, you pay $100 for a share of stock that then pays you a dividend of $1 at the beginning of 2013. If the stock price rises from $100 to $109 per share over the year, then you have earned an annual rate of return of
A) 5 percent. B) 1 percent. C) 9 percent. D) 4 percent. E) 10 percent.
Economics