In which year were real average hourly wages the highest?
A. 1973
B. 1983
C. 1993
D. 2007
A. 1973
You might also like to view...
Which of the following is a potential monetary policy instrument for the Fed?
A) federal funds rate B) loanable funds C) inflation rate D) profit rates E) real interest rate
The first two numbers of the ABA code listed on the check designate:
A. the account number B. the routing number C. the Federal Reserve District D. the code indicating the business or personal account
If the exchange rate between the United States and Japan changes from $1 = 100 yen to $1 = 110 yen, then, ceteris paribus, the price of American goods in Japan
A. could either increase or decrease. B. will remain the same. C. will decrease. D. will increase.
Other things the same, an increase in population growth
a. increases capital per worker. Further, there is some evidence that a higher population growth rate may increase the pace of technological progress. b. increases capital per worker. However, there is some evidence that a higher population growth rate may decrease the pace of technological progress. c. decreases capital per worker. Further, there is some evidence that a higher population growth rate may decrease the pace of technological progress. d. decreases capital per worker. However, there is some evidence that a higher population growth rate may increase the pace of technological progress.