Countries with high rates of economic growth tend to have
A) a lower life expectancy at birth.
B) low rates of technological advancement.
C) a declining incidence of business cycle fluctuations.
D) a labor force that is more productive.
D
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Which of the following statements about junk bonds is false?
A) Given the likelihood of default, it is never profitable to purchase junk bonds. B) They pay higher interest rates than investment grade bonds due to higher perceived risk. C) Prior to the 1970s, corporations were unable to issue junk bonds. D) A popular measure of junk bond yields reached a record low in 2012.
Cleaning an environment may lead to
a. less production. b. higher prices. c. lower incomes. d. all of the above.
Recall the Application about the free-agent market for professional baseball pitchers to answer the following question(s).Recall the Application. The market for baseball players suffers from adverse selection because ________ the used car market, buyers (potential new teams) ________ goods (pitchers) that are lemons (low quality).
A. unlike; have difficulty identifying B. like; have difficulty identifying C. unlike; can more easily identify D. like; can more easily identify
Which of the following is TRUE about the labor force?
A. It includes those over 16 ages old and are employed. B. It includes those over 16 ages old and are unemployed. C. Both A and B are correct. D. None of these is correct.