Which of the following groups receives the highest wages?
A) high school drop-outs
B) college drop-outs
C) individuals who complete a bachelor's degree program
D) individuals with advanced degrees
D
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Give some arguments for and against a balanced budget requirement
A shortage will occur at any price below equilibrium price and a surplus will occur at any price above equilibrium price
a. True b. False Indicate whether the statement is true or false
When an employer pays the cost of educating a worker, it is likely that the employer
a. is demonstrating altruistic motives. b. is pursuing some objective other than profit-maximization. c. hopes to recapture his investment in the form of increased labor productivity. d. receives reimbursement from the government for the cost of the education.
By raising the discount rate, the Fed leads banks to make ______ loans to households and firms, which will _________ checking account deposits and the money supply
A. More; decrease B. Fewer; decrease C. Fewer; increase