Which of the following was true of the U.S. job market between 1929 and 2011?
a. The number of jobs created in the organized sector was less than that in the unorganized sector.
b. The number employed people increased by less than five percent

c. The average education of workers increased over the years.
d. The productivity of workers declined over the years.
e. The growth in employment opportunities was slower compared to the growth in population.


c

Economics

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Which of the following must be true of an attorney who buys a portable computer so that she can work on trains and planes?

a. She is engaging in conspicuous consumption. b. She gets utility from working. c. She thinks the opportunity cost of her time is higher than it really is. d. She thinks the opportunity cost of her time is lower than it really is. e. She is trying to reduce the opportunity cost of traveling.

Economics

Adele wants to buy a house at a fixed mortgage rate, Zen wants to buy a luxury vehicle with his savings, Fang wants to buy stocks of a blue-chip company with his salary, and Zayeda wants to book an apartment with the money she won in a lottery. If the Fed had implemented a contractionary monetary policy that is still effective, _____ is likely to be most adversely affected

a. Zayeda b. Fang c. Adele d. Zen

Economics

Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________, 

A. Rising; B; C B. Falling; A; C C. Falling; A; B D. Rising; A; C

Economics

An increase in the demand for steel occurs. As a result, firms in the steel industry will

A. experience no change in their demand for capital. B. decrease their demand for capital. C. decrease both output and their demand for capital. D. increase their demand for capital.

Economics