Which of the following has been the largest contributor to increases in the quantity of labor in the Unites States during the past 50 years?
A) The proportion of women taking paid jobs has increased.
B) The proportion of young adults entering college has decreased.
C) The proportion of seniors taking early retirement has decreased.
D) The proportion of men taking paid jobs has increased.
E) None of the above because the quantity of labor has actually decreased.
A
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Suppose the economy is initially in equilibrium where real GDP equals potential GDP and the inflation rate is at the target rate. Other things equal, a housing boom will cause aggregate expenditures to increase, which will result in
A) an increase in aggregate demand and an increase in the inflation rate. B) an increase in aggregate supply and an increase in the inflation rate. C) an increase in aggregate demand and a decrease in the inflation rate. D) an increase in aggregate supply and a decrease in the inflation rate.
If a technological breakthrough reduces input quantities needed to produce some item,
A. cost of production will be increased. B. the price of the product will rise. C. the price of the product will fall. D. quantity demanded of the product will fall.
Kroger's grocery chain wants to finance the purchase of a new warehouse. It decides to sell bonds
a. Kroger's plans to use equity financing and its action is part of the demand for loanable funds. b. Kroger's plans to use equity financing and its action is part of the supply of loanable funds. c. Kroger's plans to use debt financing and its action is part of the demand for loanable funds. d. Kroger's plans to use debt financing and its action is part of the supply of loanable funds.
At any particular quantity on the TC, its slope will be
A. the same as the slope of the TVC. B. greater than the slope of the ray out of the origin to that point on the TC. C. smaller than the slope at the quantity on the TVC. D. greater than the slope at the quantity on the TVC.