Suppose that the wage for drive-thru clerks is $7 an hour at Burger King and $6.50 at McDonald's. The jobs are alike in all other respects. We would expect
a. an increase in the supply of and demand for drive-thru clerks at Burger King
b. an increase in the supply and a decrease in the demand for drive-thru clerks at Burger King
c. a decrease in the supply of drive-thru clerks at Burger King but no change in demand
d. an increase in the supply of drive-thru clerks at Burger King but no change in demand
e. a decrease in the supply of and demand for drive-thru clerks at Burger King
D
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Data confirms that the quantity theory of money:
A) holds only in the short run. B) holds in the long run. C) holds both in the long run and the short run. D) does not hold either in the short run or in the long run.
Why would a firm continue to pollute even when it is fined (taxed) for doing so?
What will be an ideal response?