The most popular movie stars have high incomes for a number of reasons. One such reason is
a. an ability for almost everyone to enjoy movies at a relatively low cost.
b. the above-average intellect of the average movie star.
c. a compensating differential.
d. a lack of technological advances in the movie industry.
a
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For the purpose of determining whether a family is officially considered to be living in poverty, poverty figures do not include:
A. profits of a small business owner. B. food stamps. C. earned income. D. after-tax income of the poor.
When G is equal to tax revenue we have a ________ budget.
Fill in the blank(s) with the appropriate word(s).
A risk-loving individual would:
A. prefer a risky prospect with an expected value of $5 to a certain amount of $5. B. prefer $5 with certainty to a risky prospect with the expected value of $5. C. be indifferent between a risky prospect with an expect value of $5 and a certain amount of $5. D. prefer a risky prospect with the expected value of $0.50 to $5 with certainty.
Over the period 1960-2000, France grew ________ than the United States economy
A) 2 % slower. B) 2% faster. C) more than 2% slower. D) less than 2% faster. E) more than 2% faster.