In Rajasthan, India teachers in half of the community's schools were asked to have their pictures taken with their children, and this evidence of attendance fed into the compensation of the teacher. The result of this experiment was that teacher absentee rates ________ relative to classrooms in which no cameras were introduced.
A. fell to zero
B. actually increased
C. did not change
D. were cut in half
Answer: D
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Which of the following is true? i) A rational choice is made on the margin. ii) Microeconomics is the study of the national economy while macroeconomics is the study of the global economy. iii) Economists try to understand how the economic world works by testing normative statements.
A. Only ii B. i and ii C. Only iii D. i and iii E. Only i
Ensuring that high-quality public education is freely available to all children is one of the most important ways that a country can:
A. increase its stock of human capital. B. decrease its stock of human capital. C. decrease its productivity. D. increase its foreign direct investment.
Suppose you buy an iPod for $100 . If your consumer surplus is $30, your willingness to pay is $70
a. True b. False Indicate whether the statement is true or false
Gross domestic product includes
A. your purchase of 100 shares of Alibaba. B. your gift of $100 to your brother. C. your purchase of a gently used 1990 Porsche Carrera. D. your weekly paycheck as a server at Denny’s.