The regular earnings profile of an individual throughout his or her lifetime is
A) the Lorenz curve.
B) the age-earnings cycle.
C) wealth.
D) income-in-kind.
Answer: B
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Which of the following would NOT be a factor that has contributed to the rising female labor force participation rate?
A) greater access to training B) greater access to education C) increasing family size D) reduction of barriers to competing with men for jobs
In the above figure, if output is 30 units, then the total deadweight loss is
A) $5. B) $10. C) $20. D) $60.
Refer to Figure 11-1. In a diagram that shows the marginal product of labor on the vertical axis and labor on the horizontal axis, the marginal product curve
A) never intersects the horizontal axis. B) intersects the horizontal axis at a point corresponding to the 5th worker. C) intersects the horizontal axis at a point corresponding to the 6th worker. D) intersects the horizontal axis at a point corresponding to the 8th worker.
The bank's statement of liabilities (what it owes) and assets (what it owns) is known as the
a. legal reserve requirement b. fractional reserve system c. federal funds rate d. money creation account e. balance sheet