The participation rate in the United States in 2010 was approximately equal to
A) 96%.
B) 90%.
C) 65%.
D) 26%.
E) 5%.
C
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When the demand for blue jeans increases, what happens next?
What will be an ideal response?
When the price of a good changes, the amount of that good that buyers wish to buy changes:
A. because of both the substitution and the income effects. B. only if the substitution effect and the income effect do not cancel out each other. C. solely because of the income effect. D. solely because of the substitution effect.
The academic ability of women studying to be teachers has declined in recent years because
A. the rate of pay for female teachers is much less than for equally-qualified male teachers. B. of the increased outsourcing of teaching jobs. C. bright women have other, more economically-lucrative opportunities. D. the nominal rate of pay for all teachers has decreased.
Professional male golfers make far more income than do professional female golfers. The reason for the wage difference is
A. the demand for male golfers is far greater than the demand for female golfers. B. gender discrimination. C. compensating differentials. D. the supply of male golfers is far greater than the supply of female golfers.