A major reason for the increase in school attendance by children between 1999 and 2015 throughout the world was:
A. the abolishment of school fees.
B. the creation of labor laws forbidding child labor.
C. an increase in the minimum wages adults could earn.
D. the imposition of legislation that forced children to become educated.
A. the abolishment of school fees.
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The steel industry successfully lobbied for protection from foreign competition. Consequently, the steel-producing industries and those industries using steel benefited
Indicate whether the statement is true or false
In a small country, the adult population equals 5,000. There are 4,000 people in the labor force and 3,000 people are employed. The labor force participation rate equals
A) 25 percent. B) 80 percent. C) 30 percent. D) an undetermined amount given the lack of information.
Banks serve the role of a financial intermediary; however, banks cannot survive in the long term if they are paying out more in ___________ to depositors than they are receiving from borrowers.
a. interest b. revenue c. taxes d. income
If the government faced a balanced budget rule, it would be forced to raise taxes or decrease spending during a recession
a. True b. False Indicate whether the statement is true or false