Which of the following is NOT part of a training program?
a. job sharing
b. job rotating
c. temporary promotion
d. promotion
Answer: d. promotion
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If real GDP per person were equal to $1,000 in 1900 and grew at a one percent annual rate, what would be the value of real GDP per person 100 years later?
A. $11,000 B. $13,780 C. $1,100 D. $2,705
If the price of hamburger buns increases, the demand for ground beef is predicted to:
a. Decrease b. Shift to the right c. Increase d. Remain constant
Which of the following is a normative economic statement?
A) Few auto mechanics are women. B) Men and women should earn the same salary if they perform the same job. C) Auto mechanics typically earned more than waitresses in the United States in 2017. D) Most wait staff are women.
The public education system is an example of
A) an income maintenance program. B) a negative income tax. C) the poor paying more than the market price for a service they receive. D) a subsidized service.