High-skilled workers earn more than low-skilled workers in part because
A) high-skilled workers have higher value of marginal products.
B) of government legislation.
C) the supply of high-skilled workers is more elastic.
D) the demand for high-skilled workers is more elastic.
A
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The positive effect of having more potential volunteers resulting in a greater likelihood of a beneficial outcome is known as the diffusion effect
Indicate whether the statement is true or false
The official U-3 unemployment rate
A) includes persons without a job who have made efforts in the last week to find a job. B) includes persons without a job, whether they are actively searching for work or not. C) counts discouraged workers as unemployed. D) counts people with part-time jobs who want full-time jobs as unemployed.
The above figure shows your budget line and indifference curves. What quantities of gasoline and movie rentals would you choose?
A) 25 gallons of gasoline and 15 movie rentals B) 10 gasoline and 10 movie rentals C) 20 gallons of gasoline and 5 movie rentals D) 15 gallons of gasoline and 8 movie rentals
The FTC is
A) the act that prevents producers from driving out smaller competitors by means of selected discriminatory price cuts. B) the commission that investigates unfair competitive practices such as misleading advertising. C) an agency which has been set up to regulate the federal government. D) the agency set up to regulate hospitals.