Which of the following will cause a shift in the demand curve of labor?
A) an increase or decrease in the productivity of labor
B) an increase or decrease in the demand for the product labor produces
C) a decline in the price of a complementary input
D) all of the above
D
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One way of improving the federal government budget process is to: a. switch to a two-year or biennial budget
b. remove the Council of Economic Advisers from the process. c. detail budgeting by focusing on all groupings and line items. d. provide for automatic annual increases in all budget categories. e. eliminate the role of Congressional committees in the process.
The practice of packaging individual debts into a single uniform asset that can be easily bought and sold is called:
A. leveraging. B. securitization. C. federally-backed financing. D. bundled risk.