Even though the difference in labor-force participation rates of U.S. males and females has narrowed, the labor-force participation rate of males remains higher than that of females
a. True
b. False
Indicate whether the statement is true or false
True
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When all relevant information is used to forecast inflation, the resulting forecast is called
A) a rational expectation. B) a natural expectation. C) an expected forecast. D) an expansionary expectation. E) the expected expectation.
If 1 U.S. dollar exchanges for 29.09 Russian Rubles, how much would it cost in rubles to purchase a Mariah Carey CD priced at $14.95?
What will be an ideal response?
Joe complains that 32% of his income last year went to taxes. He is referring to his:
A. Average tax rate B. Marginal tax rate C. Proportional tax rate D. Progressive tax rate
In the above, a marginal revenue curve for a perfectly competitive firm is shown in Figure ________
A) W B) X C) Y D) Z E) X and Figure Z