Which of the following statements is true?
A) Right-handed people typically earn more than left-handed people.
B) People who drink alcohol typically earn more than people who do not drink.
C) People who played sports in high school typically earn less than people who did not play sports.
D) People regarded as beautiful typically earn no more than people who are ordinary looking.
B
You might also like to view...
A decline in money supply will lead to a(n) ________ if nominal wages are rigid
A) increase in labor demand B) fall in real wages C) fall in labor demand D) increase in real output
Refer to the scenario above. Suppose the amount that you receive, on winning the bet, is increased to $300. Which of the following statements is true?
A) There is no change in the outcome of the game. B) Your expected value of the bet will be positive. C) You will withdraw from the bet as the cost of betting increases. D) The probability of you winning the game increases to 2/100.
The regional Federal Reserve bank presidents are:
A. selected by the Federal Reserve Board of Directors. B. allowed to serve no more than two consecutive four-year terms. C. are responsible for regulatory oversight and implementation of monetary policy of regional banks. D. directly affiliated with other governmental agencies.
A rational seller will sell another unit of output:
A. as long as the quantity demanded is greater than zero. B. whenever the seller is earning a profit. C. if the seller can charge more than the equilibrium price. D. if the cost of making another unit is less than the revenue gained from selling another unit.