Workforce explanations of the productivity changes in the 1973–1995 period include
A. rising SAT scores.
B. declining SAT scores.
C. rising educational attainment.
D. falling levels of average educational attainment.
Answer: B
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How many British pounds would it cost to buy a pair of American designer jeans costing $45 if the exchange rate is 2.00 dollars per British pound?
A) 22.5 British pounds B) 32.5 British pounds C) 12.5 British pounds D) 40 British pounds E) 30 British pounds
Which of the following is true? a. The quantity of money demanded varies inversely with the nominal rate of interest
b. Money market equilibrium occurs at that nominal interest rate where the quantity of money demanded equals the quantity of money supplied. c. Rising national income will shift the demand for money to the right, leading to a new higher equilibrium nominal interest rate. d. All of the above are true.
Implicit costs will be zero in the long run
Indicate whether the statement is true or false
A corrective tax places a price on the right to pollute
a. True b. False Indicate whether the statement is true or false