Benefit levels for TANF are the same, regardless of where you live
Indicate whether the statement is true or false
F
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According to the Prebisch-Singer thesis
(a) demand for primary products has steadily fallen. (b) profits of primary producers have steadily fallen. (c) primary producers' terms of trade have steadily fallen. (d) prices of primary products have risen over time.
The sticky-wage theory of the short-run aggregate supply curve says that the quantity of output firms supply will increase if
a. the price level is higher than expected making production more profitable. b. the price level is higher than expected making production less profitable. c. the price level is lower than expected making production more profitable. d. the price level is higher than expected making production less profitable.
The three major components of a bond are the bond price, maturity date, and coupon rate
Indicate whether the statement is true or false
In the very long run, theoretically there will be equilibrium if capital and labor are free to migrate. If and when this ever happens, what will the global economy experience?
a. an equality of wages and marginal product b. an equality of returns to the owners of capital c. a fully Paretoefficient world economy with the highest standard of living possible d. an equality of wages and marginal product, an equality of returns to the owners of capital, and a fully Paretoefficient world economy with the highest standard of living possible