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Author Question: To reduce labor costs, companies often invent machines and methods to produce products and reduce ... (Read 88 times)

urbanoutfitters

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on: Jun 30, 2018
To reduce labor costs, companies often invent machines and methods to produce products and reduce the amount of labor required. This is called
 
  A) anti-union. B) downsizing.
  C) failed labor utilization. D) induced innovation.

Question 2

Assuming all excess reserves are loaned out, currency holdings by the public are zero, and a reserve ratio of 25 percent, an initial deposit of 3,000 will lead to a total increase in deposits of
 
  A) 750. B) 2,250. C) 12,000. D) 36,000.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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Andromeda18

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

C


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