In which of the following occupations is union membership the highest?
a. sales
b. transportation
c. construction
d. government
D
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Explain why increasing the government budget deficit can decrease investment spending
What will be an ideal response?
Refer to Figure 14.2. Other things equal, an increase in worker productivity would best be represented by a movement from
A) point A to point B. B) point B to point A. C) point C to point A. D) point C to point B.
Which of the following is used to determine the terms of trade?
A. Absolute costs. B. Opportunity costs. C. Export ratio. D. Per capita GDP.
In 2017, economists working at the U.S. Department of Treasury's Office of Tax Analysis have estimated that the marginal social cost of carbon dioxide emissions was about
A) $7 per metric ton. B) $32 per metric ton. C) $49 per metric ton. D) $70 per metric ton.