According to a Compensation Survey Conducted by Paralegal Today in 2012

question 48

Multiple Choice

According to a compensation survey conducted by Paralegal Today in 2012, billing rates for paralegals range from _________per hour.

• A) $60 to $155
• B) $5 to $50
• C) $40 to $400
• D) $10 to $100

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Definitions:

Aggregate-Demand Curve

An illustrative chart that demonstrates how the general price level within the economy correlates with the total demand for goods and services at that level.

Short Run

A time period in economics during which at least one input is fixed, typically considered to be within a few months to a year.

Aggregate Supply

The total supply of goods and services that firms in an economy are willing and able to sell at different price levels.

Short-Run

A period during which at least one input, such as plant size or capital, is fixed, allowing only some production variables to be adjusted.