Average hours worked per week have ____ since the early 1900s.
A. declined by almost 7 percent
B. risen by almost 15 percent
C. risen by almost 7 percent
D. declined by almost 35 percent
Answer: D
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What will be an ideal response?
Which of the following statements is true about the Medicaid program?
a. The law places a ceiling on state per capita spending for enrollees. b. The majority of total outlays are for the elderly and disabled. c. Eligibility standards are uniform across all states. d. Federal tax revenues provide 100 percent of the program's funding. e. Everyone in the poverty-level population is eligible for benefits.
Which of the following can best explain the clustering of some industries, such as banking and finance in New York City and high-technology computer production in Silicon Valley?
A. Perfect competition B. External scale economies C. Comparative advantage D. Intra-industry trade
Which of the following does not contribute to a firm maintaining a monopoly?
A. Mergers and acquisitions. B. A patent. C. Exclusive control of important resources. D. The presence of many close substitutes for its product.