Refer to the table above. Which country is likely to have the lowest percentage of children between 7 and 14 who are working?
A) Country A B) Country B C) Country C D) Country D
D
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The person hired by a corporation's board of directors to run the day-to-day operations of the corporation is known as the
A) chief executive officer. B) owner-manager. C) corporate governor. D) chairman of the board.
A goal of contractionary monetary policy is to:
A) decrease the rate of growth of real GDP. B) increase the rate of growth of real GDP. C) increase inflation. D) none of the above.
Politicians and economists who are generally conservative tend to believe that
a. the self-correcting mechanism is slow and unpredictable. b. the short-run Phillips curve is relatively steep. c. the costs of unemployment are high. d. expectations in reaction to policy measures are very slow to change.
An oligopolist will increase production if the output effect is
a. less than the price effect. b. equal to the price effect. c. greater than the price effect. d. The oligopolist never has an incentive to increase production.