Of age, marital status, family size, education, and race, which is the single biggest factor affecting the household income distribution?
What will be an ideal response?
The single most important factor affecting the distribution of income is education, with more highly educated people earning significantly more than less-educated people.
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In the spot foreign exchange market,
A) only dollars, yen, and pounds may be traded. B) only dollars and yen may be traded. C) currencies or bank deposits are exchanged immediately. D) currencies or bank deposits are exchanged at a fixed date (or spot) in the future.
The marginal external damages of pollution, MEDP, curve could also be viewed as the marginal benefits of pollution abatement.
a. true b. false
If the dollar appreciates against the Mexican peso
A) Mexican imports to the U.S. become more expensive. B) U.S. exports to Mexico become less expensive. C) U.S. exports to Mexico become more expensive. D) The value of Mexican imports to the United States does not change.
In response to news reports that drinking a glass of red wine each day can reduce an individual's risk of heart disease, there will most likely be a(n)
A. increase in the demand for red wine. B. increase in the supply of red wine. C. decrease in the supply of red wine. D. increase in the quantity demanded of red wine.