As technology advancements have led to more white collar jobs,
A) the labor force participation rate for women has increased over the last 50 years.
B) the labor force participation rate for women has decreased since 1960.
C) the labor force participation rate for men and women have increased.
D) a higher percentage of men of working age have entered the labor force.
E) the unemployment rate has steadily fallen.
Answer: A) the labor force participation rate for women has increased over the last 50 years.
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Goods that are neither rival in consumption nor excludable are:
A. a public good. B. an artificially scarce good. C. a common resource. D. a private good.
In Figure 12.6, airline Fly Smart is initially a secure monopoly between two cities X and Y at point M, serving 300 passengers per day at the profit maximizing price of $300 per ticket. Suppose that Fly Smart discovers that a second airline is contemplating entering the market. If the minimum market entry quantity is 130 passengers per day, Fly Smart's entry-deterring quantity is:
A. 500 passengers per day. B. 420 passengers per day. C. 370 passengers per day. D. 300 passengers per day.
Refer to the information provided in Figure 3.10 below to answer the following question(s).
Figure 3.10Refer to Figure 3.10. A movement from Point A to Point B on supply curve S2 would be caused by a(n)
A. increase in the price of hamburgers, assuming hamburgers are a substitute for pizza. B. decrease in the demand for pizza. C. increase in the price of pizza dough. D. increase in the price of pizza.
What can low-income countries do in order to increase the amount of loanable funds available to firms for investment projects such as new factories or improved technology?
A. provide savings incentives B. print more money C. increase the interest rate on borrowing D. all of the above