Over the past several years, the earnings gap between high-skilled and low-skilled workers has
a. increased.
b. decreased.
c. remained constant.
d. first increased by a small percent, then decreased by a large percent.
a
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Given the prices of two goods, all quantity combinations inside the budget line are:
a. indifferent. b. efficient. c. unattainable. d. attainable.
Risk premiums do all of the following except
A. Help explain why banks charge different customers different interest rates. B. Allocate limited resources only to the safest investors. C. Compensate people who finance risky ventures. D. Are the difference in the rates of return on risky and safe investments.
If there are no reserves, domestic adjustments to payment imbalances under fixed exchange rates require surplus countries to forsake full employment and deficit countries to forsake price stability.
Answer the following statement true (T) or false (F)
A variable measures:
A. something that always has the same value. B. something that can take on different values. C. factors that occur with high degrees of uncertainty. D. the degree to which something varies over time.