In 2005, women received just under 50% of the degrees in law and medicine
Indicate whether the statement is true or false
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Which of the following is not a policy proposal of the neoclassical counter-revolution school?
a. promoting free trade b. privatizing state-owned enterprises c. welcoming multinational corporations d. promoting trade unions
The "law" of demand can be best described by
A) people will buy things that they enjoy. B) if incomes rise, people will buy more. C) a rise in price will cause shortages. D) a fall in price will increase quantity demanded.
The marginal propensity to consume explains how much of the next dollar of disposable income
A) a household will spend. B) a business will invest. C) the government will spend. D) foreign residents will use to purchase domestic exports.
If marginal cost is below average total cost, then average total cost
a. is constant. b. is falling. c. is rising. d. may rise or fall depending on the size of fixed costs.