Over the past 50 years, the largest increase in average real wage has occurred among ________
A) male college graduates
B) female college graduates
C) males with post-college education
D) females with post-college education
D
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Developing countries are starting to converge with developed countries in the long run in what respect?
a. Growth rate b. Income inequality c. Population d. Per capita income
The Federal Trade Commission is responsible for enforcing
A. interstate commerce. B. health care. C. antitrust law. D. communications law.
Bankers’ business decisions effect the money supply because bankers
A. are respected men and women. B. have the ability to create money. C. use a special accounting system developed by the Federal Reserve Board. D. All of these responses are correct.
Given the MPS = 0.40, with no government and no foreign trade, a $10 billion increase in investment will eventually result in an increase in
A. Total spending by $25 billion. B. Consumption by $40 billion. C. Total spending by $2.5 billion. D. Total spending by $15 billion.