Those who view education as a sorting mechanism emphasize that employers value the
A. skills that people who attend college have already acquired before they enter college.
B. docility and deference to authority learned in the classroom.
C. analytic ability of the highly educated worker.
D. work habits picked up in the home and school.
Answer: A
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What is meant by petrodollar recycling? Explain the mechanism by which this phenomenon occurred. What were the consequences of this phenomenon for developing countries?
What will be an ideal response?
The _________ is the yearly number of births per 1,000 women of childbearing age
a. Fertility rate b. Marriage rate affecting birth rates c. Baby rate d. Mortality rate
An advantage emission taxes and permits have over direct controls is that the former
a. work well even if pollution output cannot be accurately measured. b. can respond quickly to new information about the dangers of particular pollutants. c. make it in firms' interests to reduce pollution in the most efficient manner possible. d. reduce pollution to zero.
Suppose that Nepal invests less in new factories and equipment than does the United States. This will likely cause:
A. The U.S.'s production possibilities curve to shift inward faster than Nepal's. B. The U.S.'s production possibilities curve to shift outward faster than Nepal's. C. Nepal's production possibilities curve to shift inward faster than the U.S.'s. D. Nepal's production possibilities curve to shift outward faster than the U.S.'s.