Which of the following explains the changes in the U.S. adult male labor force participation rate since 1948?

A) More men are joining the military as compared to the past.
B) More men are retiring later in life as compared to the past.
C) Fewer men consider themselves discouraged workers as compared to the past.
D) Younger men are remaining in school longer as compared to the past.


Ans: D) Younger men are remaining in school longer as compared to the past.

Economics

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Indicate whether the statement is true or false

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Which of the following statements concerning tariffs is NOT true?

A) A tariff results in a deadweight loss. B) A tariff creates revenue for the government. C) A tariff decreases international trade. D) A tariff leaves the price of imports unchanged.

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If raising taxes or borrowing are your only two choices of financing current expenditures, which would you choose, and why, if you were in charge of setting policy?

What will be an ideal response?

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