Just after World War II, the labor-force participation rate of men was
a. about 33 percent, and in 2015, it was about 50 percent.
b. about 50 percent, and in 2015, it was about 60 percent.
c. about 60 percent, and in 2015, it was about 60 percent.
d. about 90 percent, and in 2015, it was about 70 percent.
d
You might also like to view...
With rent controls set below the equilibrium rent, what mechanism might arise that moves the market closer to the efficient equilibrium?
A) decreased search costs B) black market activity C) increased advertising by landlords D) more favorable leases offered to tenants
Refer to the above figure. If the government requires the natural monopolist to charge the efficient price, it will charge price
A) P5 and sell Q1 units. B) P2 and sell Q1 units. C) P3 and sell Q3 units. D) P1 and sell Q4 units.
On average, about ___% of travelers get some form of expedited screening, including instances like less-intrusive scanning of elderly travelers in non-PreCheck lanes.
Fill in the blank(s) with the appropriate word(s).
Tara sells her organic carrots in a perfectly competitive market for a price that is just higher than her minimum average variable cost of production, but lower than her minimum average total cost of production. Which of the following statements is then true?
a. Although she is currently incurring a loss, she could restore profitability by advertising her carrots. b. She can minimize her losses by shutting down her operations now. c. She is incurring a loss, because price is less than ATC. d. She is earning a profit, because price is above AVC.