Author Question: Susan works 60 hours a week while Rachel works 20 hours because she is unable to find full-time ... (Read 164 times)

shenderson6 · **on:** Jun 30, 2018

Susan works 60 hours a week while Rachel works 20 hours because she is unable to find full-time work. Which of the following statements is true?
a. Susan is likely to work for an extra hour without a pay hike.
b. Rachel is unlikely to give up another hour's leisure without a pay hike.
c. Susan's opportunity cost of leisure is likely to be lower than Rachel's.
d. Susan is unlikely to give up another hour's leisure without a pay hike.

Question 2

A major institution in international regulation is the
A) WTO.
B) Federal Reserve.
C) FDIC.
D) TSA.