Over the course of recent years, the college premium has ________
A) remained essentially unchanged
B) risen
C) fallen
D) excluded civilians from calculations of the labor force
B
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If a country's currency is "pegged" to the dollar, its exchange rate is
A) floating. B) flexible. C) undervalued. D) fixed.
Figure 7-9
Of the graphs in Figure 7-9, which represents total fixed cost?
A. 1 B. 2 C. 3 D. 4
When a nation begins to import a good,
a. the domestic price of that good will fall b. domestic consumers are harmed c. the domestic price of that good will rise d. domestic producers benefit e. the quantity produced domestically will rise
When the government closes an expansionary gap with a change in government spending, the _____ in government spending leads to _____.
Fill in the blank(s) with the appropriate word(s).