Educating girls helps
a. reduce fertility rates
b. improve the health of children
c. increase pressure on government to create jobs
d. promote equal participation in development
e. all of the above
E
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Refer to Figure 16-1. An increase in taxes would be depicted as a movement from ________, using the static AD-AS model in the figure above
A) C to D B) E to B C) B to C D) A to B E) B to A
Contractionary monetary policy is achieved by:
A) decreasing the amount of bank reserves and lowering the federal funds rate. B) decreasing the amount of bank reserves and raising the federal funds rate. C) increasing the amount of bank reserves and lowering the federal funds rate. D) increasing the amount of bank reserves and raising the federal funds rate.
In graphical form, the presence of an external benefit that is ignored by consumers can be shown as
A. a market demand curve to the left of the market demand curve for which the consumers take the external benefit into account. B. a market demand curve the same as the market demand curve for which the consumers take the external benefit into account. C. a market demand curve to the right of the market demand curve for which the consumers take the external benefit into account. D. the absence of a market demand curve.
Refer to the below table and information. What will be the marginal labor cost and wage rate for the individual firm?
Suppose a single firm has the marginal revenue product schedule for a particular type of labor given in the left table. Assume there are 150 firms with the same marginal-revenue-product schedules for this particular type of labor.
A. $6
B. $7
C. $8
D. $9