Income is to money as
a. short story is to novel.
b. video is to digital photo.
c. song is to symphony.
d. entree is to dessert.
b
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If my wage rate increases, utility maximization requires that my quantity of labor supplied
a. increase b. decrease c. increase if the income effect dominates the substitution effect d. increase if the substitution effect dominates the income effect e. increase if the substitution effect equals the income effect
Since 1995, the net interest payment as a percentage of GDP has:
a. declined. b. doubled. c. tripled. d. quadrupled.
The Millennium Development Goals adopted by the United Nations included targets for which of the following?
A. environmental protection B. education C. income growth D. all of the above
The biggest category of business investment spending today is
A. computers. B. trucks. C. residential structures. D. software.