Author Question: The more difficult it is for a firm to adjust its labor force in the face of economic fluctuation, ... (Read 33 times)

Jipu 123 · **on:** Jun 30, 2018

The more difficult it is for a firm to adjust its labor force in the face of economic fluctuation, the more likely the firm is to hire new workers.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Which of the following is an example of microeconomic analysis?
a. impact of taxation on national income
b. rate of increase in the national debt
c. relationship between inflation and interest rates set by the Federal Reserve
d. none of the above