Between the 1880s and 1920, women composed roughly ____ of the workforce
a. 1–2%
b. 5–10%
c. 15–20%
d. 30–40%
c. 15–20%
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Which of the following provides the clearest example of human capital?
A) Automated equipment that can be used without any accompanying human labor B) Corporate stock owned by individuals and families rather than institutions such as mutual funds or corporations C) Machinery that has been designed and constructed by human beings D) Tools that cannot be used effectively except in combination with workers E) The ability to read
Refer to Figure 2-11. Which country has a comparative advantage in the production of cashews?
A) Pakistan B) Indonesia C) They have equal productive abilities. D) neither country
The delay between when a problem is recognized and when policy action is taken is referred to as the
A) recognition lag. B) action lag. C) effectiveness lag. D) policy lag.
Countries that start with very little physical capital will get a:
A. higher return from adding a unit of capital than a country that starts at a higher initial level will. B. lower return from adding a unit of capital than a country that starts at a higher initial level will. C. similar return from adding a unit of capital than a country that starts at a higher initial level will. D. higher return from adding a unit of capital the more natural resources they possess.