Which of the following is true?
a. Due to anti-employment discrimination legislation that was passed in the early 1960s, there was a large increase in the earnings of women relative to men in the 1960s and 1970s.
b. The female/male earnings ratio for full-time workers has been virtually constant since 1980.
c. The number of women preparing for careers as professionals has increased substantially since the 1980s.
d. In recent years only about 40 percent of those completing college degrees were women.
C
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Raising household savings could be beneficial because ________
A) it translates into higher investment B) severe economic downturns can be "better-weathered" C) it provides a cushion to avoid bankruptcies D) all of the above E) none of the above
Consider a firm that operates in a perfectly competitive market. Currently the firm is producing 300 units of output and the price is $20 . If marginal cost at 300 units is $22, the firm a. could increase profits by reducing output from 300 units. b. could increase profits by increasing output from 300 units. c. should decide to increase the price above $20
d. should shut down, since it must be losing money.
Suppose Japan is currently running a current account surplus. The most effective way of eliminating this current account surplus would be to temporarily ________ government purchases and ________ the domestic money supply
A) increase; increase B) increase; decrease C) decrease; increase D) decrease; decrease
Unemployment in the post-World War II era (1945–50)
(a) was reduced only because of the post-war decline in the size of the civilian labor force. (b) rose above wartime levels, but remained far below the levels of the 1930s. (c) rose in response to the decline in civilian consumption levels. (d) remained at the low levels achieved in World War II (1941–45).