The percentage of households with a Head Start enrollee where there are two parents present and where both have jobs is
A. 67%.
B. 20%.
C. 33%.
D. 50%.
Answer: B
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The measure of the benefit you get from consuming the next cup of coffee is your
A) marginal utility of coffee. B) total utility from coffee. C) total utility per dollar spent on coffee. D) total utility from coffee when you are at your consumer equilibrium.
In response to an increase in the wage rate, the income effect will usually cause a person to
A) supply fewer hours of labor. B) supply more hours of labor. C) supply the same hours of labor. D) have a horizontal labor supply curve.
The federal agency that regulates the New York Stock Exchange is the
a. Securities and Exchange Commission b. Department of Justice c. Department of Commerce d. Federal Reserve Board e. Department of the Treasury
If MRP > P, a firm should use less of that input
a. True b. False Indicate whether the statement is true or false