Which of the following cannot be used to justify efficiency wages
a. Sticky price (menu cost) models
b. turnover costs
c. worker shirking
d. worker morale
A
Economics
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The rate of return on bonds is lower than on stocks over time because
A) bond holders cannot diversify. B) bonds have a lower standard deviation in returns. C) stocks have less non-diversifiable risks than bonds. D) bonds are subject to more random risks than stocks.
Economics
(Advanced analysis) Answer the question on the basis of the following information. The demand for commodity X is represented by the equation P = 100 - 2Q and supply by the equation P = 10 + 4Q. Refer to the given information. If demand changed from P =
100 - 2Q to P = 130 - Q, the new equilibrium quantity is: A. 15. B. 20. C. 24. D. 32.
Economics