In the Keynesian model in the short run, the amount of employment is determined by the effective labor demand curve and the level of
A) prices.
B) output.
C) the real interest rate.
D) the supply of labor.
B
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Which of the following slogans use customer loyalty to sell its product?
a. You know these hamburgers are good, they're Wendy's. b. Wendy's Hamburgers, a new type of burger c. Treat yourself to the best burgers, eat at Wendy's d. Get the most for your money, eat Wendy's Hamburgers.
Disney and Fox must decide when to release their next films. The revenues received by each studio depend in part on when the other studio releases its film. Each studio can release its film at Thanksgiving or at Christmas
The revenues received by each studio, in millions of dollars, are depicted in the payoff matrix above. Which of the following statements CORRECTLY describes Disney's strategy given what Fox's release choice may be? A) If Fox chooses a Thanksgiving release, Disney should choose a Christmas release. B) If Fox chooses a Christmas release, Disney should choose a Thanksgiving release. C) Disney should release on Thanksgiving regardless of what Fox does. D) Both answers A and B are correct.