The number of Compact Discs purchased by a consumer depends on the price of the discs as well as the prices of all other goods purchased

To be effective in raising people's wages, a minimum wage must be set

A) above the equilibrium wage rate. B) below the equilibrium wage rate. C) equal to the equilibrium wage rate. D) below $7. E) either above or below the equilibrium wage depending on whether the supply curve of labor shifts rightward or leftward in response to the minimum wage.

Which of the following caused pre-1984 volatility in residential construction?

A) financial regulations B) tax cuts C) currency volatility D) interest rates