With the increase in school attendance throughout the world, the newest challenge for development economists is increasing:

A. availability of education to children.
B. the quality of education to children.
C. the availability of college education.
D. the consistency of education across countries.


B. the quality of education to children.

Economics

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Which categories of people are excluded while estimating the number of potential workers in the United States?

What will be an ideal response?

Economics

If a demand curve shifts left, it implies

A) as a group, consumers are willing and able to pay less for the product. B) as a group, consumers are willing and able to pay more for the product. C) government has regulated how many people can purchase the product. D) the profit motive of the firms is making the price too high.

Economics

On a linear demand curve, the lower the price

A) the less elastic is demand. B) the more elastic is demand. C) the elasticity equals -1. D) the elasticity equals zero.

Economics

Rent controls are

A) when rents are set above the market clearing level to aid landlords. B) used to provide incentives to contractors to build new apartments. C) used to generate revenue for the local government. D) when rents are set below the market clearing level.

Economics