Over the past several decades in the United States, the labor-force participation rate of women has
a. increased, and the labor-force participation rate of men has increased.
b. increased, and the labor-force participation rate of men has decreased.
c. decreased, and the labor-force participation rate of men has increased.
d. decreased, and the labor-force participation rate of men has decreased.
b
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The Phillips curve shows the relationship between inflation and :
(a) The balance of trade. (b) The rate of growth in the economy. (c) Unemployment. (d) Fiscal Policy.
The growth rate of potential GDP is not affected by
A. the growth rate of the labor force. B. the growth rate of a nation’s capital stock. C. the rate of technological progress. D. environmentalists’ ability to pass regulations.
A corporation in which stock is sold to anyone who has the means to buy it
What will be an ideal response?
"Ordinary least squares" is a technique that can be used to
A) identify the best model. B) determine which variables in a model are endogenous and which are exogenous. C) obtain a bar graph showing successive quarterly increases in output. D) obtain a line describing consumption behavior in the real world. E) determine the direction of causation between consumption and income.