Assortative mating means that
A) poor women and rich men tend to marry.
B) rich women and rich men tend to marry.
C) rich women and poor men tend to marry.
D) there are limited incentives to marry anyone.
B
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Debt service is the
a. difference between merchandise exports and merchandise imports b. interest payments on investments divided by the amount of unilateral transfers c. percentage that interest payments on international debt is of a nation's exports d. difference between inflows and outflows on the country's current account e. value of a nation's merchandise exports minus the value of its merchandise imports
Using Figure 1 above, if the aggregate demand curve shifts from AD3 to AD2 the result in the long run would be:
A. P1 and Y2. B. P2 and Y1. C. P3 and Y1. D. P3 and Y2.
A productive efficient society
What will be an ideal response?
A purely competitive firm is currently in short-run equilibrium and its MC exceeds its ATC at its current output level. It can be concluded that:
A. Firms will leave the industry in the long run B. The firm is realizing an economic profit C. The firm is suffering a loss D. The firm will shut down in the short run