Economists often examine GNP to estimate changes in the well being of people. If one only studied GNP, which of the following would lead one to underestimate the true increases in peoples' well being?
a. Increasing average hours of work.
b. Decreasing life expectancy.
c. Increasing levels of pollution.
d. Increasing amounts of production in the home.
d. Increasing amounts of production in the home.
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The seller of an option has the ________ to buy or sell the underlying asset while the purchaser of an option has the ________ to buy or sell the asset
A) obligation; right B) right; obligation C) obligation; obligation D) right; right
The term "laissez faire" was given to a system of free markets by
a. twentieth-century American economists. b. a seventeenth-century Scottish economist. c. eighteenth-century French economists. d. nineteenth-century Italian economists.
In 2013, the poverty line for single parent families headed by males was:
a. about half the overall poverty rate b. about the same as for families headed by married couples c. about half the rate for single parent families headed by females d. all of the above
Which of the following numbers is not associated with shares of a company's stock?
a. term b. dividend c. price d. price-earnings ratio