Statistics show that 77% of all education majors are ________ and 81% of all social workers are ________
A) men; men
B) men; women
C) women; men
D) women; women
D
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An aggregate demand curve can be drawn by: a. shifting the 45-degree line
b. letting changes in autonomous spending shift the aggregate expenditure line. c. letting changes in the price level shift the aggregate expenditure line. d. letting changes in the level of income shift the aggregate expenditure line. e. letting changes in real GDP shift the aggregate expenditure line.
Alice's Restaurant is a business that is struggling to make a profit. Alice, the sole proprietor, wins the state lottery and becomes a multi-millionaire. She plans to continue to operate the restaurant because she enjoys the work. As her economist friend, the best advice you could give her would be to
a. form a corporation b. bring in a partner c. open a second restaurant d. work under-the-table e. work more hours
Which of the following does not help to explain why the US imports capital-intensive goods?
a) preference differences between nations b) the imposition of tariffs c) differences in technology across countries d) the relatively recent development of the US capital-goods industry e) imperfect competition
Refer to the information provided in Figure 7.8 below to answer the question(s) that follow. Figure 7.8Refer to Figure 7.8 The firm?s isocost line could shift from CE to CD if
A. the price of capital increased. B. the price of labor increased by 33%. C. the firm?s total expenditures decreased by 33%. D. the firm?s total expenditures decreased by 33% or the price of capital and labor each increased by 50%.