One of the most important changes in the composition of the labor force in the United States has been
a. the major increase in the number of women who work outside the home.
b. the drop in the number of men who only work part-time.
c. the steady decline in the number of women who work.
d. the increase in the ratio of male workers to female workers.
e. the major increase in the number of men who work away from the home or farm.
a
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The above figure shows the marginal private cost curve, marginal social cost curve, and marginal social benefit curve for cod, a common resource. The market equilibrium with no government intervention is ________
A) 0 tons per week B) 400 tons per week C) 300 tons per week D) None of the above answers is correct.
The statistical discrepancy
a. is always positive b. is always negative c. must be reduced to zero and eliminated from the balance of payments before the records become official d. is a residual factor that indicates the net error in the balance of payments data e. is a record of all transactions between residents of two countries over a specified period
Henri earned a salary of $50,000 in 2001 and $70,000 in 2006 . The consumer price index was 177 in 2001 and 265.5 in 2006 . Henri's 2006 salary in 2001 dollars is
a. $35,000.00. b. $46,666.67. c. $61,950.00 d. $105,000.00.
Refer to the graph shown. If a competitive industry producing hamburgers is taken over by a pure monopoly firm that maximizes profit:
A. price will remain at $4 but output will fall by 100. B. price will rise to $6 and output will fall by 100. C. price will remain at $6 but output will fall by 100. D. output will remain at 100 but price will rise to $6.