According to your text, even powerful financiers and conservative economists are worried that the increasing income and wealth gaps and low wages have
Answer : made the U.S. less productive.
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Suppose that a consumer is at an optimum consuming X and Y. If the price of X falls, then to get to a new equilibrium the consumer must
A) purchase less X and more Y. B) purchase less Y and less X. C) purchase more X. D) purchase more Y.
Use the figure below to answer the next question. 
Economic growth is best represented by a
A. move from X on AB to Y on CD. B. move from X to Z along AB. C. move from Z to X along AB. D. shift of the production possibilities frontier from CD to AB.
If Slick Shades, a sunglasses manufacturer, purchases several local retail shops to sell their sunglasses, this is an example of ________.
A) divestiture B) forward integration C) backward integration D) outsourcing
Grace is headed to work at a catering business as a waitress for $100. Her sister Paige calls and asks her to go horseback riding instead. Grace decides to go to work, which implies Grace's opportunity cost of working is:
A. greater than $100. B. less than $100. C. equal to $100. D. no more than $100.