If the salaries of accountants increase and other conditions remain the same, then
A. A firm will move to the left along its labor demand curve for accountants.
B. A firm will move to the right along its labor demand curve for accountants.
C. The labor demand curve for accountants will shift to the left.
D. The labor demand curve for accountants will shift to the right.
Answers: 2
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Abank has $132,000 in excess reserves and the required reserve ratio is 11 percent. this means the bank could have in checkable deposit liabilities and in (total) reserves.
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The market demand curve for a popular teen magazine is given by q = 80 - 10p where p is the magazine price in dollars per issue and q is the weekly magazine circulation in units of 10,000. if the circulation is 400,000 per week at the current price, what is the consumer surplus for a teen reader with maximum willingness to pay of $3 per issue?
Answers: 1
If the salaries of accountants increase and other conditions remain the same, then
A. A firm will m...
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