The labor force participation rate of women in the United States has been
a. increasing for several decades.
b. decreasing for the past several decades after increasing dramatically in the early 1900s.
c. approximately constant during the last three decades.
d. decreasing since the early 1900s.
A
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The rate of growth of productivity in the United States was positive during the 20th century
Indicate whether the statement is true or false
Refer to the above figure. If a price floor of $5 was set
A) the quantity sold would be 80 units. B) the quantity sold would be 60 units. C) the quantity demanded would be 100 units. D) there would be a shortage of 20 units.
Countries import goods in which they have:
a. an absolute advantage. b. a comparative advantage. c. a reputation for good product quality. d. a comparative disadvantage. e. a surplus domestic production.
The real deficit is $180 billion; inflation is 4 percent; total debt is $4.5 trillion. The nominal deficit is:
A. zero. B. $1 billion. C. $360 billion. D. $180 billion.