If a dollar a year from now will likely have less purchasing power because of inflation, then a dollar today ________ a dollar a year from now
A) is more valuable than B) has the same value as
C) is less valuable than D) may be more valuable or less valuable than
A
Economics
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The term ceteris paribus means
A) the greatest good for all. B) the study of scarcity and choice. C) all other things remaining constant or equal. D) value-free and testable.
Economics
When will the scale effect of a wage increase cause a fall in the amount of labor employed?
a. Always. b. When labor is not a regressive factor. c. When labor and capital are substitutes in production. d. When labor and capital are complements in production.
Economics