Private investment as a share of the economy tends to be higher in countries
a. with low levels of economic freedom.
b. with high levels of economic freedom.
c. with economic freedom ratings near zero.
d. that have experienced a sharp reduction in economic freedom during the most recent decade.
B
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In 1860 the ratio of farmers to manufacturing workers was roughly ____ ; by 1910 that ratio was ____
a. 1:1; 1:5 b. 1:3; 1:1 c. 3:1; 1:1 d. 10:1; 1:1
The administration costs of a loan as a proportion of the total cost of the loan typically
a. decrease as the size of the loan increases. Therefore, the larger the loan, other things constant, the lower the interest rate b. decrease as the size of the loan increases. Therefore, the larger the loan, other things constant, the higher the interest rate c. increase as the size of the loan increases. Therefore, the larger the loan, other things constant, the lower the interest rate d. increase as the size of the loan increases. Therefore, the larger the loan, other things constant, the higher the interest rate e. increase as the size of the loan increases, but this has no impact on the interest rates charged for large loans compared to small loans
A union shop exists when the
a. employer is only permitted to hire union members b. union is the owner of the firm c. union members are not allowed to be hired d. employer can hire nonunion workers, but the workers must join the union within a certain time period e. only stockholders in the firm are also employees
Not all unemployment ends with the job seeker finding a job
a. True b. False Indicate whether the statement is true or false