Generally speaking, the more competitive a country's markets are, the greater are the opportunities for corruption
a. True
b. False
Indicate whether the statement is true or false
False
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Which of the following is likely to increase the productivity of workers in an economy?
A) The discovery of an oil field B) An increase in the number of years of training that each worker receives C) An increase in the aggregate price level D) An increase in the labor force participation rate in the economy
The lower the exchange rate, the cheaper are foreign-produced goods and services
Indicate whether the statement is true or false
Refer to Scenario 14-1. M1 in this simple economy equals
A) $1,000. B) $2,000. C) $3,000. D) $8,000.
The graph shown shows a subsidy to buyers. Before the subsidy is put in place, the buyers bought _____ units and paid _____ for each of them
A. 100; $46
B. 100; $30
C. 150; $40
D. 150; $24