Among these countries, which has the lowest hourly wage and fringe benefits in manufacturing?
A. Germany
B. Britain
C. Canada
D. United States
D. United States
You might also like to view...
Economic growth will be associated with a constant price level when
A) the increase in aggregate demand is accompanied by a reduction in short-run aggregate supply. B) the increase in aggregate demand is less than the increase in long-run aggregate supply. C) the increase in aggregate demand exactly equals the increase in long-run aggregate supply. D) the increase in aggregate demand is more than the increase in long-run aggregate supply.
Which of the following occurs if the real interest rate falls?
A) The quantity of loanable funds demanded increases and there is a movement down along the demand for loanable funds curve. B) The quantity of loanable funds demanded decreases increases and there is a movement up along the demand for loanable funds curve. C) The quantity of loanable funds demanded increases and the demand for loanable funds curve shifts rightward. D) The demand for loanable funds decreases and the demand for loanable funds curve shifts leftward. E) The demand for loanable funds increases and the demand for loanable funds curve shifts rightward.
All of the following are examples of government purchases except
a. F-15 fighter planes b. food and clothing for the armed forces c. interstate highways d. post offices e. the Washington D.C. residence of Illinois Senator Richard Durbin
The table above shows the total product schedule for The X Firm. Decreasing marginal returns occur with the ________ worker because ________
A) 5th; the marginal product of labor for the 5th worker is less than the marginal product of the 4th worker B) 5th; the average product of labor is also declining C) 4th; output reaches is maximum D) 6th; output starts to decline E) 6th; the marginal product of labor is greater than the average product of labor