In general, in a given rich country the ______________ the opportunity cost for a woman of having and raising a child, the _____________ children she will have
A) higher; fewer
B) higher; more
C) lower; fewer
D) lower; more
E) a and d
E
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Financial deepening is synonymous with ________
A) issuing equities B) financial development C) borrowing additional funds from world capital markets D) holding a well diversified portfolio
Suppose the Bureau of Labor Statistics reports that the noninstitutional civilian population is 250 million. Of those, 150 million are employed and 5 million are unemployed. Of the 150 million employed, 5 million would like to be working twice as many hours and of the 250 million, 5 million have given up the search for work. The unemployment rate reported by the BLS would be __________, while if
the BLS counted the discouraged workers as unemployed the unemployment rate would be __________. a. 6.25%; 3.2% b. 2%; 6.25% c. 6.25%; 2% d. 3.2%; 6.25% e. 6%; 6.25%
If deficit spending causes an increase in economic activity, it may "crowd in" some potential investment spending
a. True b. False Indicate whether the statement is true or false
The substitution effect takes place as we move
A. upward from I to J.
B. down from J to I.
C. up from J to K.
D. down from K to J.