For the past 30 years, labor's share of national income ________ while labor productivity ________

A) fell dramatically, increased
B) remained roughly constant, dropped
C) remained roughly constant, increased
D) increased modestly, dropped


B

Economics

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If the nominal interest rate is below the equilibrium value, then the quantity demanded of money is ________ than the quantity supplied of money, bond prices will ________, and the nominal interest rate will ________.

A. greater; rise; increase B. less; fall; increase C. greater; fall; decrease D. greater; fall; increase

Economics

Credit is:

A) the loan that a debtor receives. B) the income that an employee earns. C) any good that cannot be consumed but is used for the production of other goods. D) any good that is available for free.

Economics

If the employment-population ratio in 2015 was at the same level as it was in 2006,

A) the same number of people would have been working in 2015 as were working in 2006. B) the number of employed people in 2015 would not have been different. C) an additional 8 million people would have been working in 2015 than actually were. D) 3.5 million fewer people would have been working in 2015 than actually were.

Economics

If every participating firm has the same marginal benefit from industrywide advertising, then ________.

A) requiring every firm to pay the same amount for advertising is not likely to create dissatisfaction amount the firms B) every firm should be required to pay nothing for the advertising C) requiring every firm to pay different amounts for advertising is not likely to create dissatisfaction amount the firms D) requiring every firm to pay the same amount for advertising is likely to create dissatisfaction amount the firms

Economics