In the United States, the most recent use of wage and price controls occurred during the:
a. Nixon administration.
b. Carter administration.
c. Reagan administration.
d. Clinton administration.
a
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In the United States, the labor-force participation rate since 1960 has been
A) increasing for females. B) unchanged for both males and females. C) declining for females. D) declining for both males and females.
The firm in the above figure has a markup of ________ per meal
A) $0 B) $4 C) $8 D) $10 E) more than $10
Which of the following statements is false?
A. Bonuses are paid in addition to base salary. B. Bonuses are frequently linked to performance. C. Free-riding can result from a compensation scheme that gives competitive individual bonuses. D. Free-riding can result from profit sharing. E. Profit sharing redistributes profits back to the workers.
Economists Novy-Marx and Rauh contend that cities are
A. accurately stating the value of their assets but understating the value of their pension liabilities. B. accurately stating the value of their assets but overstating the value of their pension liabilities. C. accurately stating their pension liabilities. D. understating the value of both their assets and liabilities.