Over the last 50 years or so, the rate of growth of average working hours has been mostly negative
a. True
b. False
A
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When a group of people voluntarily band together to share some kind of benefit, we call this
A. a gang. B. a team. C. a coalition. D. a club.
Which of the following best describes the comparative advantage of the two countries illustrated in Figure 35.1?
A. Japan has a comparative advantage in motorcycles, the United States in DVD players. B. Japan has a comparative advantage in DVD players, the United States in motorcycles. C. The United States has a comparative advantage in both goods. D. Japan has a comparative advantage in both goods.
Use a supply and demand diagram to show how migration affects wages in a high-wage country and a low-wage country
Other things equal, the interest rate on a loan will be larger:
A. The less the risk involved B. The larger the amount of the loan C. The longer the length of the loan D. If loan interest is exempt from taxation