Which factor listed below does NOT help account for the age-earning cycle?
A. racial discrimination
B. number of hours worked each week
C. effects of aging
D. productivity
Answer: A
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How does political corruption differ from bureaucratic corruption?
What will be an ideal response?
Which of the following transactions would be excluded in the capital account?
a. A Japanese citizen purchases a U.S. Treasury bill. b. A Japanese citizen purchases an office building in Manhattan. c. A U.S. citizen purchases a share of stock from a Japanese company. d. An American purchases a Toyota.
If the several oligopolistic firms that comprise an industry behave collusively, the resulting price and output will most likely resemble those of:
A. bilateral monopoly. B. pure monopoly. C. monopolistic competition. D. pure competition.
If both the demand curve and the supply curve shift to the right, we can unambiguously conclude that the
A) market clearing price will increase. B) market clearing price will decrease. C) equilibrium quantity will increase. D) equilibrium quantity will decrease.