Which of the following is not a reason used to explain the slowdown in productivity in the United States?
A. The lack of savings in the 1980s and early 1990s
B. High energy prices in the 1970s
C. Competition from China and Japan
D. Inadequate workforce skills
Answer: C
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Which of the following is the best example of variable cost?
a. depreciation on a building b. property taxes c. wages d. rent paid for one’s building
The full minutes of FOMC meetings are
A) released to the public immediately after the meeting. B) released to the public only after the next meeting. C) never released to the public. D) always geared towards controlling inflation.
Which of these is a coincident economic indicator?
a. The demand for plant and machinery b. Personal income c. Real estate growth d. The interest rate e. The unemployment rate
Increases in net investment generally result in:
A. lower levels of capital stock and lower levels of depreciation. B. lower levels of capital stock and higher levels of depreciation. C. higher levels of capital stock and higher levels of depreciation. D. higher levels of capital stock and lower levels of depreciation.