Among male workers over age 25, about what percent has a college degree? What is this percentage for black male workers over age 25?


32%, 18%

Economics

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Why do firms ignore external costs when they pollute?

What will be an ideal response?

Economics

Crowding out refers to a decline in ________ as a result of an increase in ________

A) government purchases; private expenditures B) government purchases; tax rates C) private expenditures; government purchases D) tax revenues; unemployment

Economics

Describe the effects of contractionary fiscal policy by the domestic government on output, the real interest rate, and net exports in both the domestic and foreign country, using a Keynesian model

What will be an ideal response?

Economics

The paradox of thrift explains that increased savings by households could actually lower savings for the economy as a whole

a. True b. False Indicate whether the statement is true or false

Economics