The largest major change in the U.S. labor force participation rate during the last few decades has been
A) the increase in the number of illegal immigrants in the United States.
B) the decrease in the number of working women.
C) the number of prisoners dropping out of the labor force.
D) the increase in the number of working women.
D
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In the short run, firms increase output
A) only by increasing the size of their plant. B) only by decreasing the size of their plant. C) only by increasing the amount of labor used. D) only by decreasing the amount of labor used. E) either increasing the amount of labor used or increasing the size of their plant.
Why are most of the U.S. dollars held outside of the United States?
What will be an ideal response?
All of the following are surplus items in the balance of payments EXCEPT
A) purchases of foreign assets. B) exports of merchandise. C) foreign tourist expenditures. D) funds deposited in this country by foreign residents.
If a Proposer and a Responder are asked to split $100 in the ultimatum bargaining game, standard economic theory would predict that the Responder should:
A. reject any amount over $50. B. accept any amount offered by the Proposer. C. only accept an offer for exactly $50. D. reject any amount less than $50.