The labor force participation rate among women 25 to 54 ________ between 1950 and 2000.
A. fell dramatically
B. stayed relatively constant
C. rapidly vacillated
D. rose dramatically
Answer: D
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In the late 19th and early 20th century, the relative earnings of foreign workers were ________________ the earnings of native workers after adjusting for differences in schooling, skills and other factors
a. approximately equal to b. much less than c. slightly greater than d. much greater than
Keynesian belief that the aggregate supply curve is relatively flat in the short run means that they expect their policies to cause
a. small increases in output and much inflation. b. small increases in output and little inflation. c. large increases in output and little inflation. d. large increases in output and much inflation.
Using the multiplier, we can easily calculate the effect of further changes in government spending.
What will be an ideal response?
The value of a financial instrument rises as:
A. the payments are made when the prospective investor needs them least. B. the size of the payment promised decreases. C. the promised payment is made sooner rather than later. D. it is less likely the payment will be made.