The individual firm which hires labor under competitive conditions faces a labor supply curve which:
A. Slopes downward to the right
B. Is perfectly elastic
C. Is perfectly inelastic
D. Is of unit elasticity
B. Is perfectly elastic
Economics
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Of the following countries, in which one was the true marginal tax rate faced by the typical worker lowest and the average number of hours worked per week highest from 1993 through 1996?
A) Canada B) Germany C) Italy D) the United States
Economics
It is ____ to identify an asset bubble before it bursts ____ to identify an asset bubble after it bursts
a. simple; and also simple b. simple; but difficult c. difficult; but simple d. difficult; and also difficult
Economics