One factor that particularly affects women’s earning power is that they ______.
a. learn technical skills much more slowly than men do
b. are more likely than men to interrupt their careers to raise children
c. gravitate to high-paying careers more than men do
d. are more likely than men to put in unusually long working hours
b. are more likely than men to interrupt their careers to raise children
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If you win $1 million in a lottery and are paid in installments,
a. the future value of these payments is $1 million b. the present value of these payments equals $1 million if the interest rate is zero c. the present value of these payments equals $1 million if the interest rate is 10 percent annually d. the present value of the payments exceeds $1 million if the interest rate is positive e. the future value of the payments is less than $1 million if the interest rate is negative
The exchange rate is the price of
A. An import purchased at the local electronics store. B. An export purchased in a foreign nation. C. One good in terms of another. D. One currency in terms of another.
When excess reserves increase, the deposit multiplier is
A. increased. B. decreased. C. staying the same. D. None of the above is correct.
One of the major criticisms of the World Bank is that it lends funds
A. to industrialized nations. B. to impoverished nations. C. to countries which could easily borrow funds from other sources. D. to terrorist groups not affiliated with any country.