Which of the following topics would be covered in microeconomics?
a. The effects of an increase in the supply of lumber on the homebuilding industry.
b. The unemployment rate
c. The effects of interest rates on the overall economy.
d. The inflation rate.
a
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What are the major factors that a country should weigh in deciding whether a particular foreign investment should be permitted?
What will be an ideal response?
The distribution of income in the United States is
a. more concentrated than the distribution of income in other developed countries throughout the world b. significantly more even than the distribution of income in other developed countries throughout the world c. quite similar to the distribution of income in other developed countries throughout the world d. significantly less even than the distribution of income in most developing countries e. quite similar to the distribution of income in most developing countries
Which of the following is related to the concept of trade-off used in economics?
a. Paying tuition to attend college b. Paying a high price for a movie ticket on the first day of screening c. Not having enough information available to make a rational decision d. Giving up one good or activity in order to obtain some other good or activity e. Having your cake and eating it too
Which of the following refers to laws or policies that require employers to reach out to a broader range of minority job candidates?
a. Affirmative action b. Reverse discrimination c. Multiculturalism d. Diversity training