In 1938, President Franklin D. Roosevelt signed the Fair Labor Standards Act which established a __________workweek
a. 35 hour
b. 38 hour
c. 44 hour
d. 48 hour
C
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If the consumption function can be described as C = 200 + .80Y, the marginal propensity to save is equal to
A) -0.80. B) 0.80. C) 0.20. D) 200.
A decrease in the price of coffee, other things being equal, causes a(n):
a. leftward shift in the demand curve for coffee. b. downward movement along the demand curve for coffee. c. rightward shift in the demand curve for coffee. d. upward movement along the demand curve for coffee.
The labor force of Rhodia is 50 million, of which 25 million are employed. This implies that the unemployment rate in this country is _____
a. 50% b. 10% c. 20% d. 40%
The best strategy for each player if this game is repeated is: A: CheatA: CollaborateB: CheatA: 1, B: ?1A: ?1, B: 1B: CollaborateA: ?1, B: 1A: 1, B: ?1
A. his or her dominant strategy. B. to cheat. C. to collaborate. D. a mixed strategy.