The major factor contributing to the appreciation of the dollar between 1995 to 2000 was:
A) decrease in capital inflows.
B) increase in capital inflows.
C) slow GDP growth in the U.S.
D) none of the above.
B
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There seems to be a correlation between the neighborhood in which people grow up and their economic prospects
Indicate whether the statement is true or false
If the government implements a tax on the general public to pay for street lighting in one neighborhood,
A) the tax redistributes well-being and the benevolent social planner is not pleased. B) the tax redistributes well-being, but the benevolent social planner is pleased. C) the tax reduces well being and the benevolent social planner is not pleased. D) the tax has no bearing on well-being and the benevolent social planner is indifferent.
Paper Pushers Inc. hires workers in a competitive labor market. Apart from labor, the company has no other variable inputs. The company's hourly output varies with the number of workers hired, as shown in the table. WorkersPages/hour0014027531054125514061507155 As Paper Pushers Inc. hires more workers each hour, the marginal product of labor ________.
A. decreases B. decreases and then increases C. increases D. remains constant
Refer to the information provided in Figure 25.1 below to answer the question(s) that follow.
Figure 25.1Refer to Figure 25.1. A movement from Point D to Point E can be caused by
A. a decrease in nominal income. B. a decrease in the interest rate. C. an increase in the interest rate. D. an increase in nominal income.