Which country of those listed below has the highest percentage of children living in households with income below 50% of the national median?
A. Germany
B. Australia
C. The United States
D. Canada
C. The United States
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The branch of economics that deals with the analysis of the whole economy is called
A) macroeconomics. B) marginal analysis. C) microeconomics. D) metroanalysis.
Lou buys a Star Wars: The Force Awakens poster from Evan for $30 and resells it on eBay for $60. Which of the following statements is false?
A) Lou has probably incurred some costs in connection with this sale. B) It is possible that Evan has earned some producer surplus from this transaction. C) Lou has earned some arbitrage profits, assuming that transactions costs are negligible. D) The transaction has made Evan worse off because he undersold the poster.
Which of the following is correct? Using data from 2014,
a. immigrants (both legal and illegal) make up about 40 percent of the U.S. population. b. low-skilled immigration lowers the earnings of all workers in the United States by about 15 percent. c. illegal immigrants make up about 20 percent of the U.S. workforce. d. over 80 percent of immigrants are from Latin America and Asia.
Which of the following can explain faster growth of real GDP in country A than in Country B?
a. both greater population growth and greater productivity growth in Country A b. greater population growth in Country A, but not greater productivity growth in Country A c. greater productivity growth in Country A, but not greater population growth in Country A d. neither greater population growth nor greater productivity growth in Country A