Which statement is false?
A. Germany pays higher manufacturing wage rates than the U.S. does.
B. The United States pays the highest manufacturing wage rates in the world.
C. Both Britain and Norway pay higher manufacturing wage rates than the United States.
D. None of the statements are false.
B. The United States pays the highest manufacturing wage rates in the world.
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The presence of discouraged workers may cause:
a. the employment rate to be overstated. b. the employment rate to be understated. c. the unemployment rate to be overstated. d. the unemployment rate to be understated. e. GDP to be too large.
Emissions permits might be called a "license to pollute."
a. True b. False Indicate whether the statement is true or false
A company that can build a project that will cost $50,000, but returns $52,000 in one year would make a good decision by turning this project down if the interest rate were 3 percent
a. True b. False Indicate whether the statement is true or false
What kind of changes would be expected in the demand of a country that has a growing population?
a) a rise in the demand for recreation b) a shift in the demand for high-quality food c) a rise in the demand for shelter d) a lowering in the demand for automobiles