The Industrial Revolution refers to the period 1950-1970, which was characterized by rapid manufacturing sector growth in the United States
a. True
b. False
Indicate whether the statement is true or false
False
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Theory suggests that minimum-wage laws create ________ unemployment, especially among younger workers
A) frictional B) cyclical C) structural D) under-reported
The requirement that people in similar situations be treated similarly is called
A) the big tradeoff. B) the symmetry principle. C) utilitarianism. D) efficiency.
In 2006 the Texas Two Step lottery had hit an all-time high jackpot of $2.9 million. If the odds of winning the jackpot are 1.8 million to one and the cost of one lottery ticket is $1.00 is this a fair game? Explain
What will be an ideal response?
Limit commitment occurs when
A) collateral is required to get a loan. B) one cannot borrow as much as necessary to conduct business. C) one cannot be forced to repay a loan. D) the bank can sell your loan to another bank.