Our fastest growing trade imbalance is with
A. China.
B. Japan.
C. Canada.
D. Mexico.
A. China.
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The completion of a degree or course of study is a good labor market signal
A) only if what is learned in that educational process relates directly to the job the individual is being considered for. B) only if there is a positive correlation between academic success and wage income. C) primarily because individuals develop good habits in college that serve them well in other areas later on. D) because all individuals have the opportunity (in the United States) to pursue higher education. E) because people who possess the traits that make them more productive in the workplace have an easier time completing an education than those who don't.
Almost all of the FICA tax deductions from a worker's paycheck is put into an account and saved for that worker's retirement years
a. True b. False Indicate whether the statement is true or false
A monopoly is producing a level of output at which price is $80, marginal revenue is $40, average total cost is $100, marginal cost is $40, and average fixed cost is $10. In order to maximize profit, the firm should
A. produce more. B. produce less. C. keep output the same. D. shut down.
What economic problems persist in Latin America? How has this shaped recent policy in the region and why are changes particularly challenging?
What will be an ideal response?