In 2006, the average U.S. household held approximately how much currency (dollar bills and coins)?
A) $50
B) $100
C) $600
D) $1600
E) none of the above
D
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What is collective bargaining? How can it result in higher unemployment in a country?
What will be an ideal response?
Which of the following is the formula for the growth rate of multifactor productivity written so that the first term in the equation represents the growth rate of labor productivity?
A) y + bk + (1 - b)n B) y = a + bk + (1 - b)n C) a = y - bk - (1 - b)n D) a = (y - n) - b(k - n)
Explain the study of economics
What will be an ideal response?
A major justification for the use of price floors in agriculture was that
a. there were fewer farmers than in the past b. average farm acreage had increased c. demand for food had declined dramatically d. technology dramatically increased supply e. the greenhouse effect increased productivity