According to the Bureau of Labor Statistics, the time spent working on days worked is
A) longer for men than it is for women.
B) longer for women than it is for men.
C) roughly equal for all men and women.
D) roughly equal for men and women closer to age 45, but longer for women closer to retirement age than for men closer to retirement age.
A
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If aggregate planned expenditure equals GDP, then
A) firms' inventories exceed planned inventories. B) firms' inventories equal planned inventories. C) firms' inventories are less than planned inventories. D) firms' actual investment has no relationship to their planned investment. E) firms do not have any inventories.
Land can be used to grow commercial Christmas trees or pulpwood. Which is the more "economically efficient" use of the land?
A) Raising commercial Christmas trees B) Raising pulpwood C) Raising a mixed combination of commercial Christmas trees and pulpwood D) It depends in part on the relative prices of Christmas trees and pulpwood.
If marginal utility is negative, total utility is negative
a. True b. False
Which of the following is the most liquid category of assets?
a. Large time deposits b. Money market mutual fund balances c. Small time deposits d. Saving-type accounts e. Demand deposits