In the United Sates, the average annual rate of growth of real wages was fastest in the period:
A. 1960-1973.
B. 1960-1995.
C. 1973-1995.
D. 1996-2010.
Answer: A
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Refer to Table 11-4. In the table above, which countries are consistent with the predictions of the economic growth model?
A) all four countries B) Japan and Guatemala C) only Japan D) Botswana and Thailand
If demand is price elastic, then when price decreases, total revenue
a. decreases b. increases c. does not change d. is less than one e. is negative
Coffee prices fell in the 1990s because of:
a. subsidies by developed countries to their coffee producers. b. subsidies by developing countries to their coffee producers. c. new suppliers in Brazil and Vietnam. d. a fall in world demand for coffee.
Unlimited liability is found in
A) proprietorships and corporations. B) partnerships and corporations. C) proprietorships and partnerships. D) proprietorships, partnerships, and corporations.