When countries try to ban child labor,
A) most children start to attend school.
B) family poverty decreases.
C) child labor often goes underground, with children working in the informal economy, family enterprises and remote areas.
D) GDP increases.
C
You might also like to view...
In the Nash equilibrium of a prisoner's dilemma:
A. there is unrealized opportunity for both to gain. B. both players have equal payoffs. C. there is no cash left on the table. D. total economic surplus is maximized.
If an economy has perfect income equality, its Gini coefficient would be
a. 1 b. 100 percent c. 100 d. 0 e. 50–50
Of all the taxes collected in the U.S. economy, what percentage is collected by the federal government?
There are very few, if any, good substitutes for motor oil. What does this imply?
a) The supply of motor oil would tend to be price elastic. b) The demand for motor oil would tend to be price elastic. c) The demand for motor oil would tend to be price inelastic. d) The demand for motor oil would tend to be income elastic.