The increased participation of married women in the work force reflects the increasing opportunity cost of not working
Indicate whether the statement is true or false
T
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In 2014, the price of peanuts was rising, which lead peanut butter sellers and peanut butter buyers to expect the price of peanut butter would rise in the future. In the current market for peanut butter, the price rises and the quantity increases
This set of results means that A) demand increased by more than supply decreased. B) supply decreased by more than demand increased. C) demand increased by more than supply increased. D) supply decreased by more than demand decreased.
How do taxes, pollution charges, and cap-and-trade work to reduce emissions?
What will be an ideal response?
Why did the Fed step in to organize a rescue for Long Term Capital Management (LTCM) in September, 1998, rather than simply letting the trouble fund fail? Was the Fed's action necessary or advisable?
What will be an ideal response?
An economy's production possibility curve will be a straight line if: a. resources are not equally substitutable among productive tasks
b. the economy experiences significant unemployment. c. the opportunity cost of production of a good decreases as more of it is produced. d. the opportunity cost of production of a good is constant as more of it is produced.