The supply of workers in an industry is influenced by the available working population and the nonmonetary attractiveness of the job
a. True
b. False
Indicate whether the statement is true or false
True
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The contribution to output growth of technological progress is estimated by how much of the output growth can be explained by the growth in inputs
Indicate whether the statement is true or false
Using expansionary policies to combat a recession would
A) decrease discretionary spending. B) increase federal revenue. C) increase a budget surplus. D) increase a budget deficit.
Brazil has a relatively low income per capita because it has relatively few natural resources
a. True b. False Indicate whether the statement is true or false
If you observed that the market price of a good rose, while the quantity exchanged fell, which of the following could have caused the change? a. An increase in supply. b. A decrease in supply
c. An increase in demand. d. A decrease in demand.