Which of the following is least likely to be the reason women are underrepresented in the economics profession?
a. labor market discrimination
b. the choice of women to select other occupations
c. cultural bias in primary and secondary education
d. the inability of women to solve problems in economics
d
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The total amount of taxes paid divided by before-tax income is the
A) median taxpayer rate. B) rate of hysteresis. C) average tax rate. D) marginal tax rate.
Using Figure 1 above, if the aggregate demand curve shifts from AD3 to AD2 the result in the long run would be:
A. P1 and Y2. B. P2 and Y1. C. P3 and Y1. D. P3 and Y2.
The opportunity cost of moving from point T to point Q would be
A. giving up trips around the world.
B. giving up heart transplants.
C. gaining trips around the world.
D. gaining heart transplants.
Refer to Table 21.3 below:Table 21.3Units of LaborUnits of OutputMPP00 1 30266 3 304116 What is the marginal physical product of the second unit of labor in Table 21.3?
A. 18. B. 36. C. 33. D. 66.