Which nation had the largest share of world exports in 2011?
A. Japan
B. Germany
C. China
D. United States
C. China
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When you invest in a mutual fund
(A) Your money is invested in a variety of insurance policies. (B) You are guaranteed a fixed return on your investment. (C) Your money is invested in a variety of stocks and bonds. (D) You have easier access to your money than in a savings account.
Overall, the U.S. tax system (combined federal, state, and local) is:
A. highly progressive. B. slightly progressive. C. slightly regressive. D. highly regressive.
Refer to Table 10.2. If the price of output is $2 per unit and we observe the firm hiring four workers, if the firm is maximizing profit, the wage rate must be between ________ and ________.
A. $25; $45 B. $30; $35 C. $45; $60 D. $60; $80
The most liquid measure of money supply is
A) M0. B) M1. C) M2. D) M3.