The MRP of labor will shift to the right if

A) labor productivity increases.
B) labor productivity decreases.
C) wages increase.
D) wages decrease.

A

Economics

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A Business Wire report shows that sales at Target stores increased in 2012 compared to the previous year. (Source: Business Wire, August 30, 2012 ) Incomes grew slightly between 2011 and 2012

Using that fact and the sales data given above means that Target definitely is selling goods and services that A) are normal. B) are inferior. C) have an income elasticity of zero. D) have an income elasticity of 1.

Economics

The face value of a bond is

A) the price an individual pays to purchase the bond. B) the amount that the issuer will have to pay upon maturity. C) the market value of the bond. D) the rate of return on the bond.

Economics