Since 1950, it can be observed that the female participation rate in our labor force has
A. increased.
B. stayed constant.
C. moved erratically up and down.
D. decreased.
Answer: A
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In the nearly 200 years since Malthus wrote An Essay on the Principle of Population, what has happened to population growth rates as nations have become increasingly industrialized?
a. they have generally increased b. they have averaged zero c. they have generally fallen d. they have done exactly as Malthus forecast, outstripping the production of output
Marginal Revenue Product with three units of labor would be
A. $160.
B. $200.
C. $260.
D. $460.
Which of the following audit procedures is the most appropriate when internal control over cash is weak or when a client requests an investigation of cash transactions?
A) Cash confirmation. B) Bank reconciliation. C) Evaluation of ratio of cash to current liabilities. D) Proof of cash.
In the traditional Keynesian model, an income tax cut raises real GDP because
A. consumption spending depends positively on after-tax income. B. consumption spending depends negatively on after-tax income. C. consumption spending is not related to after-tax income. D. of the crowding-out effects of taxes.