In which period did women make the least significant strides in the labor market?
a. 1970-1990.
b. 1940-1945.
c. 1830-1860.
d. 1790-1800.
d. 1790-1800.
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Which did not cause significant navigation problems on inland waterways?
a. ice b. variations in the heights of rivers c. sand bars d. sunken ships e. inland piracy
We would expect the cross-price elasticity of demand between two different brands of flour to be
a. negative with a high absolute value b. negative with a low absolute value c. zero d. positive with a low absolute value e. positive with a high absolute value
Capitalism is an economic system that:
a. Gives private individuals and corporations the right to own productive resources b. Gives the government the right to tax individuals and corporations c. Produces more consumer goods than capital goods d. Produces more capital goods than consumer goods
If demand is price inelastic, when price falls, the total revenue ______, and when price rises, the total revenue _____.
a. falls; remains constant b. remains constant; rises c. falls; rises d. rises; falls