Wal-Mart's full-time employees' average hourly wages that are about ____% lower than those paid by competitors.
Fill in the blank(s) with the appropriate word(s).
30
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In the United States in 2013, the Bureau of Economic Analysis began counting spending on research and development as ________, which counts as a part of GDP
A) intermediate goods B) investment C) consumption D) depreciation
The advantage of a nominal anchor is that it prevents a limitless rise in the
A) national debt. B) nominal interest rate. C) inflation rate. D) unemployment rate.
The female-male wage gap in the United States
A. will likely change from negative to positive over the next decade. B. has been increasing over the last 30 years. C. has been decreasing so much that while a raw wage gap still exists it is quite small. D. is nonexistent. E. has been decreasing over the past 30 years.
The ABC Computer Company wants to increase the quantity of computers it sells by 5%. If the price elasticity of demand is -2.5, the company must
A. increase price by 0.5%. B. decrease price by 0.5%. C. decrease price by 2.0%. D. increase price by 2.0%.