Father-only single parent families have a poverty rate that is about equal to the national average poverty rate
Indicate whether the statement is true or false
F
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Changes in the capital stock are caused by changes in ________
A) the quantity of labor B) depreciation and investment C) depreciation and entrepreneurship D) depreciation and the quantity of labor
How much do outputs increase when labor and capital increase from 1 to 2 units for the following production function , q = 10L0.5K0.3?
A) 7.4 units. B) 7 units. C) 8 units. D) None of the above.
If the price of labor falls, we can expect:
A. demand for labor will increase. B. quantity demanded of labor will increase. C. demand for labor will decrease. D. quantity demanded of labor will decrease.
Discretionary fiscal policy
A. would have a larger effect on real GDP if the multiplier was smaller. B. may not have desired effects on real GDP because it leads to increases in aggregate demand. C. may not have desired effects on real GDP because of the time lags. D. may not have desired effects on real GDP because it leads to decreases in aggregate demand.