Figure 1A.1Refer to Figure 1A.1. The slope of the line between the points where hours worked per week are 20 and hours worked per week are 30 is:

A. 0.2.
B. 5.
C. 10.
D. 50.


Answer: B

Economics

You might also like to view...

In practice, the Fed's policy of targeting ________ in the 1960s proved to be ________, destabilizing the economy

A) money market conditions; countercyclical B) money market conditions; procyclical C) monetary aggregates; countercyclical D) monetary aggregates; procyclical

Economics

If children can be considered durable goods, then this would help explain

(a) high birth rates among farm families. (b) small family size among farm families. (c) lower birth rates in towns than in the countryside. (d) lower birth rates in the countryside than in towns.

Economics

Price searchers can be expected to charge a price that

a. is the highest at which consumers will purchase any units. b. they expect to provide the largest possible flow of gross revenue. c. minimizes their per-unit costs of production. d. maximizes their profit.

Economics

When a country eliminates tariffs and other trade restrictions, intending to promote economic growth, it is pursuing _______–oriented policies

Fill in the blank(s) with correct word

Economics