According to Table 10.1, the unemployment rate for high school dropouts is just under twice that of college graduates for males ages 25-64
Indicate whether the statement is true or false
F
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Suppose per capita real GDP grows by 3.5% per year. Based on the Rule of 70, approximately how many years will it take for the level of per capita real GDP to double (i.e., increase by 100%)?
A) 10 years B) 35 years C) 20 years D) 3.5 years
Eggs are sold in five different markets. The price for a dozen eggs in market A is $3, in market B price is $1, in market C price is $2, in market D price is $5, and in market E price is $4 . In which market is the market structure most likely to be monopoly?
a. A b. B c. C d. D e. E
An increase in which of the following would be most likely to increase long-run economic growth?
a) taxes b) interest rates c) consumer spending d) productivity e) value of domestic currency
The slope of the perfectly inelastic demand curve is ________, the slope of the perfectly elastic demand curve is ________.
A. one, zero B. zero, undefined C. undefined, zero D. one, one