A rise in the expected price level leads to an expectation that real wages will ____________, which will cause people to work __________, shifting the SRAS curve _______________
A) rise; more; rightward
B) rise; less; leftward
C) fall; more; rightward
D) fall; less; leftward
D
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The ________ the exchange rate, the ________ are foreign-produced goods and hence the greater the quantity of dollars supplied
A) higher; cheaper B) lower; cheaper C) higher; more expensive D) lower; more expensive
One of the most important changes in the composition of the labor force in the United States has been
a. the major increase in the number of women who work outside the home. b. the drop in the number of men who only work part-time. c. the steady decline in the number of women who work. d. the increase in the ratio of male workers to female workers. e. the major increase in the number of men who work away from the home or farm.
A tornado siren is a
a. private good. b. club good. c. common resource. d. public good.
The U.S. gives foreign aid primarily through:
A. the World Bank. B. USAID. C. the Peace Corps. D. UNICEF.