Students who major in computer science are paid a lot more when they graduate than those who major in philosophy because
A. The derived demand for computer science majors is less than the derived demand for philosophy majors.
B. The marginal revenue product for computer science majors is less than the marginal revenue product for philosophy majors.
C. Information technology is a growth industry.
D. The search for the meaning of life is a growth industry.
Answer: C
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A) investors; savers B) borrowers; savers C) savers; borrowers D) savers; lenders
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a. True b. False Indicate whether the statement is true or false
Import tariffs in the United States are likely to reduce U.S. exports, both because of the resulting decrease in foreign earnings of dollars from exports to the United States and because of the likelihood of increases in other countries' import restrictions against U.S. goods
a. True b. False Indicate whether the statement is true or false
Exhibit 6-2 Refer to Exhibit 6-2. The employment rate in year 3 is
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