In the 1970s and 1980s policies that required retirement of people over age 65 were repealed. Which variable would this directly affect?
a. The employment-population ratio
b. Productivity
c. Average hours
d. Population
e. Technology
A
You might also like to view...
Which of the following is not true?
a. In the 1950s, federal defense expenditures were larger than federal human resource expenditures.
b. In 1995, federal defense expenditures were less than five percent of GDP.
c. Federal expenditures on defense exceeded federal human resource expenditures until 1989.
d. Federal defense expenditures have been declining continuously since the 1950s.
If the marginal propensity to consume (MPC) is 0.75, what is the value of the multiplier?
A) 4.0 B) 3.0 C) 2.0 D) 1.0
What will happen when a firm raises the price of a differentiated product in an imperfectly competitive market?
a. It will see lower sales but will not lose all its sales. b. It will lose all its sales to competitor firms. c. It will actually get new customers from other firms. d. It will see an increase in revenues.
An important law in the U.S. regulation of markets is the:
A. Sherman Antitrust Act of 1890. B. Lincoln Antitrust Act of 1890. C. Standard Oil Antitrust Act of 1890. D. Alcoa Antitrust Act of 1890.