Starting salaries for female OB/GYNs are higher than those of male OB/GYNs. What is the best explanation for this?
a. Female OB/GYNs have more human capital than male OB/GYNs.
b. Female OB/GYNs are smarter than male OB/GYNs.
c. More males are in OB/GYN residency programs than females.
d. The demand for female OB/GYNs is greater than the demand for male OB/GYNs.
e. The demand for female OB/GYNs is less than the demand for male OB/GYNs.
d. The demand for female OB/GYNs is greater than the demand for male OB/GYNs.
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A private cost is a cost of production that is borne by the
A) consumer of the good. B) producer of the good. C) government. D) consumer of the good and the government.
A trade deficit can produce inflation when a country and its trading partners are on the gold standard or a bi-metallic system
Indicate whether the statement is true or false
In 1990, which two countries saw inflation rates over 2,000%?
a. Brazil and Argentina b. Cuba and China c. the United States and Great Britain d. Argentina and Chile
Protectionism may reduce imports, and it will also
A. appreciate the dollar, reducing exports. B. appreciate the dollar, increasing exports. C. depreciate the dollar, increasing exports. D. depreciate the dollar, reducing exports.