What is the most probable reason why garbage men have higher wages than waiters?
A. Marketplace discrimination
B. Active unionization in the garbage collection field
C. Higher demand for garbage men than nurses
D. The nonmonetary attractiveness of garbage collection causing fewer people to want to be garbage men
Answer: D
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________ save a ________ of their income. This ________ capital in their economy and raises economic growth
A) High-income countries; large proportion; increases B) Developing countries; large proportion; decreases C) High-income countries; small proportion; increases D) Developing countries; small proportion; increases
A shift occurs in the supply curve for salt when:
a. the price of salt increases. b. improvements are made in the production process. c. salt is found to be associated with high blood pressure. d. consumers expect the price of salt to increase in the future.
The Organization of Petroleum Exporting Countries (OPEC) is an example of
A. a price leadership system. B. a generally unsuccessful cartel. C. an organization devoted to tacit collusion. D. a successful cartel.
Paul Volcker, former chair of the Fed, implemented
a. contractionary policy which increased the popularity of the U.S. president who had appointed him. b. contractionary policy which decreased the popularity of the U.S. president who had appointed him. c. expansionary policy which increased the popularity of the U.S. president who had appointed him. d. expansionary policy which decreased the popularity of the U.S. president who had appointed him.