A graph shows the average SAT scores for males and females in 2012. The kind of graph used to show these data would be a
A) scatter diagram.
B) time-series graph.
C) cross-section graph.
D) time-stationary graph.
E) trend figure.
C
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In the one-input model, the marginal cost curve is U-shaped.
Answer the following statement true (T) or false (F)
Nontariff barriers
(a) decrease foreign exchange earnings. (b) reduce the quantity of goods exported. (c) lower the effective price received for exports. (d) all of the above.
A reduction in the capital gains tax, often advocated by proponents of supply-side economics, is supposed to stimulate increased
a. consumer spending. b. net exports. c. investment spending. d. government spending.
Typically, the unemployment rate ________ during a recession and ________ during an expansion.
A. rises; does not change B. rises; falls C. rises; rises even more D. falls; rises