The determinants of labor demand include:
A. supply of other factors and output prices.
B. culture and other opportunities.
C. culture and population.
D. culture and technology.
Answer: A
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In developing countries, economists have found ________ correlation between a person's height and the wages he can earn in the farming sector.
A. a weak B. a strong C. an inverse D. no
When a nation joins the IMF, it deposits funds into an account. These funds have a value based on a weighted average of
A. the Russian ruble, the British pound sterling, the Japanese yen, and the U.S. dollar. B. the euro, the British pound sterling, the Japanese yen, and the U.S. dollar. C. the euro, the British pound sterling, and the Chinese yuan. D. the Russian ruble, the British pound sterling, the Chinese yuan, and the U.S. dollar.
(Consider This) Rising wages for women in the United States have increased:
A. the proportion of women working part time compared to working full time. B. labor costs and thus shifted the nation's production possibilities curve inward. C. average family size in the United States. D. the percentage of married women in the workforce.
Over the last 50 years, U.S. labor productivity grew the fastest during the ________ because of ________
A) 1990s; advancements in healthcare due to the unlocking of the human genome B) 1980s; the invention of the computer and the oil embargo C) 1970s; an increase in government taxes and expanded regulations D) 1900s; the war on terror and return to the basics of education E) 1960s; fast paced technological change and large increases in human capital accumulation