Along a straight line, when x equals 90, then y equals 30. When x equals 120, then y equals 40. The slope of the straight line is
A) 1/3.
B) -1/3.
C) 3.
D) -3.
A
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Technological advances can cause the labor demand curve to shift
a. True b. False Indicate whether the statement is true or false
Prashanth decides to buy a $75 ticket to a particular New York professional hockey game
A. is relatively unappreciative of the arts. B. obtains more marginal utility from the play than from the hockey game. C. has a higher "marginal utility-to-price ratio" for the hockey game than for the play. D. has recently attended several other Broadway plays.
Which of the following is used to measure directly the average standard of living across countries?
A. Real GDP. B. Nominal GDP. C. Purchasing power parity. D. GDP per person.
Why is the debate between the international dependence and the neoclassical counter-revolution schools referred to as "finger pointing?"
What will be an ideal response?