Author Question: Which of the following measures did President Bush adopt in 2001 to get the economy moving again? ... (Read 28 times)

silviawilliams41

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Which of the following measures did President Bush adopt in 2001 to get the economy moving again?
 a. A hike in the wages of workers
 b. A ten-year tax cut
 c. An increase in taxes on high-income households
  d. Liquidation of money supply
 e. A decrease in government spending

Question 2

If a monopsonist offers a wage of 6, he finds that 1,200 people are willing to work for him. This means that the:
 a. marginal factor cost is 6.
  b. marginal factor cost is 200.
  c. total wage cost is 1,200.
  d. total wage cost is 7,200.
  e. 6 wage is too high.



carlsona147

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Answer to Question 1

b

Answer to Question 2

d



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