From 2010 to 2050, the inverse dependency ratio in the U.S. is expected to:
A. Rise from 1.2 to 1.8
B. Fall from 1.5 to 1.2
C. Remain stable at 2.1
D. Rise from 1.5 to 2.8
B. Fall from 1.5 to 1.2
You might also like to view...
GDP divided by the population gives us
A) the price level. B) the GDP deflator. C) per capita GDP. D) real GDP. E) none of the above.
What matters most in determining the efficient distribution of production over the world is a. absolute advantage
b. efficiency. c. the stock of resources. d. comparative advantage.
A monopolist will increase output to the point where MR equals MC and not beyond.
Answer the following statement true (T) or false (F)
When a firm leaves a perfectly competitive industry,
a. the individual demand curves facing remaining firms shift towards the point of minimum average cost in the long run. b. short-run industry equilibrium is re-established at a new point along the original short-run industry supply curve. c. the short-run industry supply curve shifts to the right. d. at the new long-run equilibrium, the remaining firms in the industry will each receive a higher profit.