The total U.S. productivity growth rate decreased during the 1990s due to massive technological innovations
a. True
b. False
Indicate whether the statement is true or false
False
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Refer to the scenario above. If this game is repeated several times, Beth will ________ and Charles will ________
A) not trust; defect B) trust; defect C) trust; cooperate D) not trust; cooperate
Refer to Figure 12.1. What is the Nash equilibrium?
A. James chooses Up, Theodore chooses Left
B. James chooses Up, Theodore chooses Right
C. James chooses Down, Theodore chooses Left
D. James chooses Down, Theodore chooses Right
Consider a law that limits women's access to certain "dangerous" occupations like coal mining and military combat service. Such a law would likely reduce women's wages because:
A. women would be overqualified for "non-dangerous" jobs. B. labor supply in female-intensive occupations would increase. C. women would be less likely to obtain college degrees. D. comparable worth would no longer exist between men's and women's occupations.
Refer to the data. The marginal revenue obtained from selling the third unit of output is:
A. $6.
B. $1.
C. $2.
D. $5.