In terms of economic growth, educated workers are generally:
A. more productive.
B. less productive.
C. less healthy.
D. happier.
A. more productive.
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A rise in the domestic interest rate leads to capital
A. outflows and exchange rate appreciation. B. outflows and exchange rate depreciation. C. inflows and exchange rate depreciation. D. inflows and exchange rate appreciation.
It is difficult for cyclically unemployed individuals to find jobs because:
a. they do not meet the qualifications required for the available jobs. b. the economy is in a recession. c. they quit their last job and employers view them with suspicion. d. they have not looked long enough to find a job.
The interest-rate effect
a. depends on the idea that decreases in interest rates increase the quantity of goods and services demanded. b. depends on the idea that decreases in interest rates decrease the quantity of goods and services demanded. c. is responsible for the downward slope of the money-demand curve. d. is the least important reason, in the case of the United States, for the downward slope of the aggregate-demand curve.
When monopolists perfectly price discriminate, they
A. can eliminate the deadweight loss to society of a monopoly. B. attempt to capture consumer surplus as profit. C. charge different prices to different buyers. D. All of the above are correct.