To become wealthy you have to either work at a job or learn how to duplicate yourself, but you cannot do both.

Indicate whether the statement is true or false.


Ans: False

Economics

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Little Dicky Lemons operates a lemonade stand. Yesterday he sold 10 cups when he charged $1.00 per cu

A) .50 B) 1.0 C) 2.0 D) 4.0 E) 8.0

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Scatter diagrams are a useful way to depict the relationship between two variables

a. True b. False Indicate whether the statement is true or false

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The earnings of all employees in a competitive economy would be equal if

a. workers were perfectly mobile among jobs. b. all jobs were equally attractive. c. all of the above are true. d. all individuals were homogeneous.

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A family of four with one wage earner who earns the minimum hourly wage would be

A. well below the poverty line. B. slightly below the poverty line. C. slightly above the poverty line. D. well above the poverty line.

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