The percentage of people living in urban areas decreased surprisingly between 1860 and 1910
Indicate whether the statement is true or false
False
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(I) Other things constant, countries that invest more will grow more rapidly. (II) The private investment rate of the most economically free countries is nearly twice as much as that of the least free countries
a. I is true; II is false. b. I is false, II is true. c. Both I and II are true. d. Both I and II are false.
If an extra worker allows a child care center to care for an extra nine children per week, the weekly price of childcare per child is $200, and the other workers are all paid wages and benefits totaling $500 per week, then the marginal revenue of that additional worker is
A. $4,500 per week. B. $1,800 per week. C. $1,300 per week. D. $2,700 per week.
If the perfect competitor is making a profit, its output will be ____ it's most efficient output.
A. more than B. equal to C. less than
Suppose a firm offers its workers a cafeteria plan in which it allows workers to allocate a set amount of fringe benefit money toward specific insurance. Mary, who has five kids needing braces, selects the family dental coverage. This is an example of
the: A. free-rider problem. B. principal-agent problem. C. adverse selection problem. D. moral hazard problem.