The real problem for people in many _______________ countries is not that globalization through international trade has made their lives worse, but rather that they have so few good employment alternatives.
a. low-income
b. high-income
c. large
d. small
a. low-income
The real problem for people in many low-income countries is not that globalization through international trade has made their lives worse, but rather that they have so few good employment alternatives.
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If the marginal tax rate is equal to the average tax rate as taxable income increases, the tax structure is
A) proportional. B) unfair. C) progressive. D) regressive.
The firm described in Table 8-1 has a fixed cost of ____ at its optimal level of output.
A. 2 B. 6 C. 10 D. 26
Barter is a system of exchange that does not depend on a coincidence of wants
a. True b. False Indicate whether the statement is true or false
In the regression of y on x, the error term exhibits heteroskedasticity if _____.
A. it has a constant variance B. Var(y|x) is a function of x C. x is a function of y D. y is a function of x