The only way that the family can consume more and enjoy a higher standard of living is to:
A. increase the amount each person produces.
B. decrease the amount each person produces.
C. increase how many people are in the family.
D. increase both how many people are in the family, and the amount each one produces.
A. increase the amount each person produces.
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Which of the following is an argument against MNCs?
(a) A reduction in inequality. (b) An increase in the use of labor intensive technology. (c) A deterioration of the balance of payments accounts. (d) An increase in government tax revenue. (e) None of the above.
Statistical Murder
What will be an ideal response?
When money is accepted as payment for a good or service, it is being used as a:
A. medium of exchange. B. store of value. C. unit of account. D. mechanism for transforming current purchases into future purchases.
What are three effects on labor markets of rising health care costs?
What will be an ideal response?