To bring her family of four up to the poverty line, a woman would need to earn almost $_______ per hour, 40 hours per week, 52 weeks a year.
Fill in the blank(s) with the appropriate word(s).
11.00
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Due to diminishing marginal returns, the ultimate source of economic growth in the United States from 1949 to 2010 has been
A) capital. B) labor. C) total factor productivity. D) Capital, labor, and total factor productivity are all subject to diminishing marginal returns, and therefore are all equally responsible for economic growth.
The opportunity cost of holding money is:
A. heavy and awkward. B. the probability of theft or loss. C. the ease of conducting everyday business. D. the return that could have been earned from holding wealth in other assets.
When a tariff is imposed, the demand curve for the domestic good
A. shifts downward and to the right. B. shifts upward and to the right. C. shifts upward and to the left. D. shifts downward and to the left.
French and German farmers wanting to buy equipment from an American manufacturer based in the U.S. will be:
A. Supplying dollars and also supplying euros in the foreign exchange market B. Demanding dollars and also demanding euros in the foreign exchange market C. Supplying dollars and demanding euros in the foreign exchange market D. Supplying euros and demanding dollars in the foreign exchange market