Trade sanctions have generally been an effective diplomatic weapon in changing the behavior of rogue countries.
Answer the following statement true (T) or false (F)
False
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In both Gamma and Delta average labor productivity is $40,000 per worker per year. The population of Gamma is 200,000 and the population of Delta is 400,000. Fifty percent of the population in each country is employed. Total output in Gamma is ________ and total output in Delta is ________.
A. $2. 4 billion; $4. 8 billion B. $4 billion; $8 billion C. $8 billion; $16 billion D. $100,000; $200,000
In neoclassical growth theory, technological progress is the key to continuous growth in labor productivity
Indicate whether the statement is true or false
PZX Corporation has the opportunity to undertake an investment project that will cost $10,000 today and yield the company $13,310 in 3 years. PZX will forgo the project if the interest rate is higher than 10 percent
a. True b. False Indicate whether the statement is true or false
Married couples with only one working spouse paying Social Security taxes will ______
a. receive less in benefits than a single individual with the same lifetime payments b. receive the same in benefits as a single individual with the same lifetime payments c. receive more in benefits than a single individual with the same lifetime payments d. receive more in cash benefits but less in health care benefits than a single individual with the same lifetime payments