The United States _____ the highest productivity per worker in the world but also has a _________ work week than other industrialized nations.
A. has; shorter
B. has; longer
C. does not have; shorter
D. does not have; longer
B. has; longer
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For a firm to maximize total profits through price discrimination, it should
a. charge a low price to high-value consumers and a high price to low-value consumers b. charge a high price to high-value consumers and a high price to low-value consumers c. charge a low price to high-value consumers and a low price to low-value consumers d. charge a high price to high-value consumers and a low price to low-value consumers
If exports and imports both rose, but exports rose more than imports, a. AD would decrease
b. AD would increase. c. AD would be unaffected. d. AD could either increase or decrease.
Liabilities are:
A. anything of value one owns. B. current income minus spending on current needs. C. the debts one owes. D. saving minus investment.
In 2014, output per capita in the United States was approximately equal to
A) $15,500. B) $25,800. C) $43,800. D) $54,592.