In the United Sates, the average annual rate of growth of real wages was fastest in the period:
A. 1973-1995.
B. 1960-1995.
C. 1996-2010.
D. 1960-1973.
Answer: D
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The Federal Reserve System is divided into
A. 7 districts. B. 5 districts. C. 15 districts. D. 12 districts.
A firm should shut down in the short run if the price is less than the:
A) average fixed cost. B) average total cost. C) average variable cost. D) marginal cost.
Threats to put tariffs on a nation in an attempt to get that nation to reduce its restrictions on trade are called:
A. learning by doing. B. trade adjustment assistance programs. C. inertia and cachet. D. strategic trade policies.
Refer to the information provided in Figure 26.5 below to answer the question(s) that follow.
Figure 26.5Refer to Figure 26.5. A decrease in the price level shifts the ________ to the ________.
A. Fed rule; left B. Fed rule; right C. IS curve; right D. IS curve; left