According to a study of the "beauty premium," how do the wages of people with average looks compare to those of people considered less attractive than average?


5 to 10 percent higher

Economics

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Explain how it is possible for a recently retired postal worker to be more wealthy than a rookie professional football player even though it is widely recognized that football players earn more than postal workers

What will be an ideal response?

Economics

According to the "beachhead effect," in order to undo the effects of a strong-dollar period, the real value of the dollar

A) must fall to at least half of its value before appreciation of the dollar began. B) must fall to the value it had before appreciation of the dollar began. C) must fall to a much lower level than it had before appreciation of the dollar began. D) must actually appreciate before it depreciates to undo the effects of a strong-dollar period.

Economics

What is his expected loss after installing the safety equipment

a. $20,000 b. $50,000 c. $100,000 d. $125,000

Economics

Technology is now being developed so that road use can be priced by computer. A computer in the surface of the road picks up a signal from your car and automatically charges you for the use of the road. How would this affect bottlenecks and rush-hour congestion?

A. It would decrease bottlenecks and rush-hour congestion. B. It would decrease bottlenecks but increase rush-hour congestion. C. It would increase bottlenecks and rush-hour congestion. D. It would increase bottlenecks but decrease rush-hour congestion.

Economics