Microeconomics

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An improvement in technology that increases the marginal product will shift the demand for labor ... Started by jace	1 Replies 70 Views	Jun 30, 2018 by KKcool
The simple spending multiplier understates the amount by which output changes. a. True b. False ... Started by stock	3 Replies 145 Views	Jun 30, 2018 by enass
Inventories help manufacturers cope with unexpected changes in the supply of their resources or in ... Started by geoffrey	1 Replies 104 Views	Jun 30, 2018 by gasdhashg
Union membership as a percentage of the civilian labor force is lower in the United States than in ... Started by panfilo	1 Replies 158 Views	Jun 30, 2018 by Andromeda18
Classical economists believed that the economy automatically moves toward equilibrium at full ... Started by luminitza	1 Replies 86 Views	Jun 30, 2018 by dmurph1496
A net increase in inventories is considered as investment for the current year. a. True b. False ... Started by Zoey63294	1 Replies 60 Views	Jun 30, 2018 by mcinincha279
As a percentage of nonfarm workers, union membership in the United States grew most rapidly since ... Started by SAVANNAHHOOPER23	1 Replies 91 Views	Jun 30, 2018 by amandalm
Keynes believed that the economy does not automatically move toward an equilibrium at full ... Started by rachel9	1 Replies 75 Views	Jun 30, 2018 by poopface
The value of tires purchased by a company to use on its cars is not included when calculating the ... Started by Medesa	1 Replies 58 Views	Jun 30, 2018 by xMRAZ
The value added at all stages of production sums to the market value of the final good, and the ... Started by Pea0909berry	3 Replies 71 Views	Jun 30, 2018 by TDubDCFL
Military spending is a good example of an automatic stabilizer. a. True b. False Indicate whether ... Started by misspop	1 Replies 85 Views	Jun 30, 2018 by Ptupou85
The value added method to measure GDP does not avoid double counting. a. True b. False Indicate ... Started by futuristic	1 Replies 94 Views	Jun 30, 2018 by jasonq
A monopsonist will hire fewer workers than will be hired in a competitive labor market. a. True b. ... Started by sjones	1 Replies 94 Views	Jun 30, 2018 by johnharpe
Unemployment insurance is an example of a discretionary fiscal policy. a. True b. False Indicate ... Started by serike	1 Replies 61 Views	Jun 30, 2018 by xMRAZ
Disposable income equals personal income minus net taxes. a. True b. False Indicate whether the ... Started by tfester	1 Replies 117 Views	Jun 30, 2018 by Viet Thy
Monopsony means a product market with single buyer. a. True b. False Indicate whether the ... Started by OSWALD	1 Replies 57 Views	Jun 30, 2018 by Liddy
The existence of stagflation in the 1970s undermined the credibility of demand-management policies. ... Started by brutforce	1 Replies 225 Views	Jun 30, 2018 by fromAlphatoOmega22
Taxes are injections into the circular flow of income and expenditure model. a. True b. False ... Started by Deast7027	3 Replies 117 Views	Jun 30, 2018 by bhavsar
A monopsonist will hire more workers than will be hired in a competitive labor market. a. True b. ... Started by colton	1 Replies 89 Views	Jun 30, 2018 by xthemafja
One of the difficulties in using discretionary fiscal policy effectively is that the legislative ... Started by Davideckstein7	1 Replies 76 Views	Jun 30, 2018 by jlaineee
Leakages cause diversion of income from the domestic spending stream. a. True b. False Indicate ... Started by JMatthes	1 Replies 80 Views	Jun 30, 2018 by ergserg
A monopsony is defined as a monopoly that has to negotiate with a labor union. a. True b. False ... Started by azncindy619	1 Replies 75 Views	Jun 30, 2018 by fraziera112
There is substantial evidence that people base their consumption decisions more on their current ... Started by xroflmao	1 Replies 89 Views	Jun 30, 2018 by vish98
An increase in household production will increase gross domestic product (GDP). a. True b. False ... Started by Capo	1 Replies 87 Views	Jun 30, 2018 by Hdosisshsbshs
The economic theory of labor markets leads to the conclusion that professional athletes who are paid ... Started by drink	1 Replies 66 Views	Jun 30, 2018 by Dominic