What is the effect on velocity if payments are made more often?
a. It will decrease.
b. It will increase.
c. It will remain constant.
d. Velocity is unrelated to payments.
b
Economics
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The ability to deter entry requires
A) a credible threat that if entry occurs the firm is willing to produce more than they would otherwise. B) a credible threat that if entry occurs the firm will not produce more than they would otherwise. C) a good lawyer. D) a clever accounting department.
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The quantity of labor supplied by a particular wage earner will always increase as long as the wage rate increases
a. True b. False Indicate whether the statement is true or false
Economics