Throughout the twentieth century, and especially since the mid-1960s:
A. the labor force participation rates of women increased dramatically.
B. the labor force participation rates of women have decreased dramatically.
C. the labor force participation rates of women slowly increased.
D. the labor force participation rates of women fluctuated wildly.
Ans: A. the labor force participation rates of women increased dramatically.
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After 2009, the price of tablets fell each year and manufacturers of tablets produced and sold more tablets each year. This result is because the
A) "law of supply" does not apply to companies in the "high-tech" sector of the economy. B) "law of demand" does not apply to customers in the "high-tech" sector of the economy. C) supply curve of tablets shifted rightward. D) demand curve for tablets shifted leftward.
What does the price elasticity of demand show?
In the market for sweaters, suppose Green's price elasticity of demand is 0.2, Smith's price elasticity is 1.2, and the price elasticity of all the other consumers is greater than 0.2 but less than 1.2 . Could the market price elasticity be less than 0.2 or greater than 1.2?
Which of the following will most likely cause a nation's currency to appreciate on the foreign exchange market?
a. A decrease in domestic interest rates b. An increase in foreign interest rates c. Domestic inflation of 10 percent while the nation's trading partners are experiencing stable prices d. Stable domestic prices while the nation's trading partners are experiencing 10 percent inflation
Over-the-counter (OTC) markets:
A. are centralized exchanges but you must be a dealer to be part of an exchange. B. only deal in the stocks of companies with over $100 million in capital. C. employ specialists to minimize price volatility. D. are networks of security dealers linked electronically.