The labor force excludes those:
A. younger than age 16 years old.
B. who don't want to work.
C. who are disabled and can't work.
D. The labor force excludes all of these.
D. The labor force excludes all of these.
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Refer to the information provided in Figure 2.6 below to answer the question(s) that follow.
Figure 2.6Refer to Figure 2.6. If the economy is at ppf1, a change in consumer preferences would be shown by a
A. shift from ppf1 to ppf2. B. movement along ppf1. C. shift from ppf2 to ppf1. D. movement along ppf2.
In recent years, the Canadian province of British Columbia has increased its carbon tax. Which of the following statements is correct?
a. Despite the increase in the carbon tax, emissions of greenhouse gases in British Columbia have continued to increase at a rapid rate. b. Along with the increase in the carbon tax, British Columbia has decreased income-tax rates on individuals and corporations. c. Few, if any, economists favor carbon taxes such as the one that British Columbia has imposed. d. All of the above are correct.
Which of the following will both make people buy less?
a) wealth falls and interest rates fall b) wealth and interest rates rise c) wealth falls and interest rates rise d) wealth rises and interest rates fall
Which of the following can be a barrier to an LDC's economic growth and development?
A. low population growth B. a low level of human capital C. faster capital accumulation D. too much infrastructure