Other things equal, the supply of labor will be lower to a job that
a. offers more prestige
b. offers valuable on-the-job training
c. requires advanced skills or education
d. provides a climate-controlled work environment
e. allows for flexible work schedules
C
Economics
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Hyperinflation refers to an inflation rate which exceeds 5 percent per month
Indicate whether the statement is true or false
Economics
Unpriced by-products of production or consumption that provide benefits to other consumers or other firms are known as
a. negative externalities b. common pool benefits c. positive externalities d. private benefits e. Coase by-products
Economics