Less than half of female-headed poor families are active in the labor market

Indicate whether the statement is true or false


F

Economics

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Crude oil can be refined into home heating oil or gasoline. If very cold weather caused the price of home heating oil to increase then, the

A) supply of gasoline would increase. B) demand for gasoline would increase. C) equilibrium price of gasoline would rise. D) Both answers A and C are correct.

Economics

Suppose aggregate demand fell. In order to stabilize the economy, the government might

a. decrease the money supply. b. decrease government expenditures. c. decrease taxes. d. do nothing.

Economics

When each country specializes in producing the good for which it has a comparative advantage:

A. the country that is bigger will gain more surplus. B. the country with the weaker economy will gain more surplus. C. both countries always enjoy equal gains from trade. D. both countries may benefit.

Economics

In laboratory experiments, researchers have found that the behavior of Proposers and Responders in the ultimatum game is consistent with people:

A. acting in their own narrow self-interest. B. valuing fairness. C. not understanding the game. D. behaving irrationally.

Economics