Here's a taste of history: from 1775 to the present, U.S. agricultural productivity has grown because of all of the following except
a. new fertilizers and pesticides
b. the development of the tractor
c. the use of horses and mules
d. price ceilings on food goods
e. rural electrification
D
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Starting from long-run equilibrium, an increase in autonomous investment results in ________ output in the short run and ________ output in the long run.
A. lower; potential B. higher; higher C. lower; higher D. higher; potential
Which of the following is classified as a liability for a commercial bank?
A) Reserves B) Commercial loans C) Demand deposits D) Deposits with the Federal Reserve
According to the text, one of the most critical issues in any business is
a. hiring and firing individuals b. customer service c. balancing a budget d. managing money e. all of these
Which of the following is a trend in the U.S. labor force participation rate over the last 50 years?
a. The overall labor force participation rate has decreased. b. The gender makeup of the labor force participation rate has stayed roughly the same. c. The labor force participation rate for men has fallen. d. The labor force participation rate for women has fallen.