It has been proved empirically that marriage and children lowers a woman's ability to earn as much as a man

a. True
b. False
Indicate whether the statement is true or false


True

Economics

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When an asset enables people to transfer purchasing power into the future it serves the function of a ________

A) store of value B) unit of account C) means of deferred payment D) medium of exchange

Economics

Does fiscal policy affect monetary policy?

A) No, because real output and income can and sometimes do move in the opposite direction from nominal money output and income. B) Yes, because the Fed and the Treasury naturally tend to pursue similar goals. C) Yes, because government deficits or surpluses affect the total demand for credit. D) Yes, because the government usually prints new money to finance deficits and retires that money when it runs a surplus.

Economics

Which effect of a price change moves the consumer along the same indifference curve to a point with a new marginal rate of substitution?

a. the budget effect b. the preference effect c. the substitution effect d. the income effect

Economics

By most standards of clean air and water published from government sources, the environment is ________ than it was in 1975.

A. much cleaner (more than 25% by most measures) B. much dirtier (more than 25% by most measures) C. somewhat cleaner (1-5% by most measures) D. somewhat dirtier (1-5% by most measures)

Economics