There Are 345 Division 1-A College Basketball Programs

question 130

Multiple Choice

There are 345 Division 1-A college basketball programs.If the NCAA chose to increase the number of basketball programs from 345 to 400,the labor supply curve for Division 1-A head basketball coaches would ________ and the labor demand curve would ________.

• A)shift to the right; shift to the left
• B)shift to the left; not change
• C)not change; shift to the right
• D)shift to the right; shift to the right

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Definitions:

Real Rate Of Return

The annual rate of return on an investment, adjusted for inflation, reflecting the actual purchasing power of the earnings.

Quoted Price

The stated price at which an asset or service can be bought or sold in the market.

Semi-Annual Interest

Interest on a loan or investment calculated twice a year.

Inflation

The rate at which the general level of prices for goods and services rises, eroding purchasing power.