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

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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.

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High-deductible insurance plans have all but disappeared.

a. true b. false

Economics