As the economy becomes more technologically sophisticated, the wage premium can be expected to
a. continue rising.
b. continue falling.
c. rise.
d. fall.
a
Economics
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Cost benefit considerations would be most typical of which type of ethics?
a. consequentialism b. egoism c. kantian d. utilitarianism
Economics
Which of the following would not be included in personal consumption expenditure?
A. Medical expenses B. College tuition C. A movie ticket D. Federal police protection
Economics
Full employment is the situation in which the economy operates at an unemployment rate equal to the sum of:
A. structural and frictional unemployment. B. cyclical and frictional unemployment. C. structural and cyclical unemployment. D. structural, frictional, and cyclical unemployment.
Economics
High-deductible insurance plans have all but disappeared.
a. true b. false
Economics