The unemployment rate decreases when we go from
A. W to X.
B. X to W.
C. X to Y.
D. Y to X.
A. W to X.
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Refer to the table above. The farmer began to experience diminishing returns after applying how many bags of fertilizer?
A) 1 B) 2 C) 3 D) 4
During World War II, the distribution of income shifted. Who did this shift favor?
(a) Labor (b) The idle and wealthy class (c) The government (d) Foreign-born individuals
Railroads attracted funds from foreign investors
Indicate whether the statement is true or false
The Nifty Gum Co has purchased a large parcel of land for $1 million. The company recently discovered that the land is contaminated and is worthless to all possible buyers. The opportunity cost of the land is
A) $0. B) $1 million. C) some amount greater than $0 but less than $1 million. D) equal to the cost of the factory that was planned to be built there.