Between 1992 and 1999, the employment rate for single mothers in the United States:
A. increased by 15 percentage points.
B. decreased by 19 percentage points.
C. remained fairly constant.
D. more than doubled.
Answer: A
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Price decreases always increase economic efficiency
a. True b. False Indicate whether the statement is true or false
Which of the following is correct? Gross private domestic investment:
a. Includes government spending when it is for construction that will aid businesses. b. Includes investment spending to replace depreciated machinery. c. Includes stock and bonds. d. Excludes spending for new residential housing. e. All of the above are correct.
U.S. Gross National Product includes goods produced by:
A. foreign firms on foreign soil. B. foreign firms on U.S. soil. C. U.S. firms on foreign soil. D. None of these statements is true.
Suppose Scott's demand for a public good is P = 7 - 0.3Q and Mike's demand is P = 10 - 1.5Q. The equation for the total demand for the public good is:
A. P = 17 - 1.8Q. B. P = 20 - 3.0Q. C. P = 3 - 1.2Q. D. P = 14 - 0.6Q.