According to the Bureau of Labor Statistics, among workers ages 45 to 54, the median job tenure is
A) longer for men than it is for women.
B) longer for women than it is for men.
C) roughly equal for all men and women.
D) roughly equal for men and women closer to age 45, but longer for women closer to age 54 than men closer to age 54.
A
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The primary focus of microeconomics is
A) to study how we managed to eliminate scarcity. B) our government's monetary policy. C) to examine the behavior and operation of the individual units or sectors that make up the economy. D) the levels of employment and inflation. E) to examine the operation of the entire (aggregate) economy.
When demand is inelastic, an increase in price leads to:
A an undetermined change in expenditures. B a decrease in total expenditures. C no change in total expenditures. D an increase in total expenditures.
Which of the following will limit the expansion of the money supply following a new deposit?
A. a strong demand for new loans B. a strong demand for holding currency outside of commercial banks C. a re-depositing of all loan proceeds D. failure of banks to voluntarily hold excess reserves
Refer to the information provided in Figure 3.7 below to answer the following question(s).
?Figure 3.7Refer to Figure 3.7. An increase in demand is represented by the movement
A. from D2 to D1. B. along D2 from Point B to Point A. C. from D2 to D3. D. along D2 from Point B to Point C.