Which of the following is most likely to reduce the nominal market wage in a job category?
a. The job requires employees to work the night shift from 11 p.m. to 7 a.m.
b. The job is prestigious, and the work is quite interesting.
c. The job is widely viewed as dangerous.
d. The job requires employees to move from city to city quite often.
B
Economics
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High-powered money minus reserves equals
A) reserves. B) currency in circulation. C) the monetary base. D) the nonborrowed base.
Economics
The designate M1 measure of money consists of
A) the most liquid types of money in the U.S. system. B) small time deposits only. C) credit cards and ATM cards. D) gold and gold coins.
Economics