The statistical discrepancy in the balance of payments
a. is always positive
b. is always negative
c. is always zero
d. is either positive, negative, or zero
e. is indeterminate
D
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In the above figure, a(n) ________ would be set ________
A) effective minimum wage; above $6.00. B) union wage; above $9.00 but would not affect the natural rate of unemployment. C) efficiency wage; below $9.00 D) efficiency wage; above $6.00. E) efficiency wage; above $9.00 and would increase the natural rate of unemployment
If Oscar's company has a lease that runs until six months from now, which of the following would be true?
a. His rent payments would be considered fixed costs and anything longer than six months would be considered the short run. b. His rent payments would be considered fixed costs and anything less than six months would be considered the short run. c. His rent payments would be considered variable costs and anything longer than six months would be considered the short run. d. His rent payments would be considered variable costs and anything less than six months would be considered the short run.