The latent poor are not included in the official poverty count as poor
Indicate whether the statement is true or false
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Suppose a retail store was offering 10% off list prices on all goods. The benefit of the 10% savings is:
A. unrelated to the list price of the good. B. zero since costs and benefits shouldn't be measured proportionally. C. positively related to the list price of the good. D. negatively related to the list price of the good.
In the United States, a reason for the increase of the labor force participation rate for women is that
A) an increase in wealth allowed men to retire early. B) more women pursued a college education and received higher wages upon graduation. C) fewer women married. D) there has been a decrease in jobs with flexible hours. E) improved Social Security benefits are available for women if they work.
Use the following table to answer the question below: The amount of total output produced from various combinations of labor and capital. If the capital stock is fixed at one unit, diminishing returns begin with the
A. first unit of labor. B. second unit of labor. C. third unit of labor. D. fourth unit of labor. E. fifth unit of labor.
Because of free riders, the demand for a public good:
A. does not get expressed in the market, but the good does get produced by private sellers. B. gets expressed in the market, and the good does get produced by private sellers. C. gets expressed in the market, but the good does not get produced by private sellers. D. does not get expressed in the market, and the good does not get produced by private sellers.