Now, about ____ percent of American married-couple families have two or more wage earners
a. 35
b. 50
c. 60
d. 90
c
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Falling growth rates during the 2007-2009 recession occurred:
A. only in the United States. B. in the United States and Canada, but not in Germany, the United Kingdom, or Japan. C. only in the high-tech sectors of the U.S. economy. D. in the United States, Canada, Germany, the United Kingdom, and Japan.
In the figure above, Joe is producing at point A. Joe's opportunity cost of producing one shirt is
A) 5/3 of a pair of pants per shirt. B) 3/5 of a pair of pants per shirt. C) 5 pairs of pants per shirt. D) 2 pairs of pants per shirt.
When paper currency is decreed by governments as legal tender, legally it must be
A) paper currency backed by gold. B) a precious metal such as gold or silver. C) accepted as payment for debts. D) convertible into an electronic payment.
If there was both an increase in technology and an increase in labor force participation, real GDP growth would ____ and real GDP growth per capita would ____
a. increase: increase b. be indeterminate; be indeterminate c. be indeterminate; decrease d. increase; be indeterminate