Which one of the following is TRUE?
A. Over the past century, the supply of food has grown more quickly than has the demand for food.
B. Over the past century, the real price of food has risen, reflecting the pressure of population growth on food supplies.
C. Over the next half-century, it is expected that population growth in industrially advanced nations will outpace population growth in developing countries.
D. As a country becomes more prosperous, it experiences a higher birth rate.
Answer: A
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The Bureau of Labor Statistics reported the data in the table above for October 2003
a) Calculate the number of people unemployed. b) Calculate the number of people who are not in the labor force c) Calculate the unemployment rate. d) Calculate the labor force participation rate.
The Community Charge was a poll tax to fund local government in the United Kingdom, instituted in 1989 by the government of Margaret Thatcher. It replaced the rates that were based on the national rental value of a house
It was a fixed tax per adult resident. Is this tax a proportional, progressive or regressive tax? Explain your answer.
As a percentage of total federal revenues, the individual income tax has _____
a. increased substantially since 1960 b. declined substantially since 1960 c. increased slightly since 1960 d. declined slightly since 1960
Which statement best describes the two issues economists face when comparing the GDP of different nations?
a. The two issues economists face when comparing the GDP of different nations are natural resources and population. b. The two issues economists face when comparing the GDP of different nations are natural resources and tax codes. c. The two issues economists face when comparing the GDP of different nations are currency and natural resources. d. The two issues economists face when comparing the GDP of different nations are currency and population.