On the evening news you hear of a scientific study that directly links premature births to cigarette smoking. This is an example of
A) direct-model evidence.
B) informed voter-model evidence.
C) structural-model evidence.
D) reduced-form evidence.
D
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Last year a country had 800 workers who worked an average of 8 hours and produced 12,800 units. This year the same country had 1000 workers who worked an average of 8 hours and produced 14,000 units. This country's productivity was
a. higher this year than last year. A possible source of this change in productivity is a change in the size of the capital stock. b. higher this year than last year. A change in the size of the capital stock does not affect productivity. c. lower this year than last year. A possible source of this change in productivity is a change in the size of the capital stock. d. lower this year than last year. A change in the size of the capital stock does not affect productivity.
Corporate profits is the largest category of national income
Indicate whether the statement is true or false
What is the marginal utility of the fourth can of soda?Cans of SodaTotal utilityMarginal utility114 2 12336 444 5 6
A. 10 units of utility B. 2 units of utility C. 44 units of utility D. 8 units of utility
The benefits of economic growth are ________, while the costs of economic growth are ________.
A. increased output per person; too small for concern B. more current consumption; less future consumption C. increased output per person; less future consumption D. increased output per person; the consumption sacrificed in exchange for capital formation