Given their skills and education, those who work the night shift earn more than those who work in the daytime. This is partly because:
A. working the night shift is relatively more desirable.
B. a relatively small number of people are willing to work the night shift.
C. working the night shift is safer.
D. few people have the required skills for the night shift.
Answer: B
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The charitable organization Creating Hope International trains women in Afghanistan to become tailors. This effort reduces
A) entrepreneurship differences between advanced and developing economies. B) human capital differences between advanced and developing economies. C) physical capital differences between advanced and developing economies. D) agricultural differences between advanced and developing economies. E) manufacturing differences between advanced and developing economies.
In the figure above, when the market is in equilibrium, total consumer surplus on all the CDs bought will be
A) greater than $30 million. B) less than at any other price. C) $20 million. D) less than $15 million.
Which of the following is an example of foreign portfolio investment?
A) the purchase of a U.S. mutual fund by a U.S. citizen B) the purchase of a Japanese factory by a Korean citizen C) the purchase of a U.S. stock by a U.S. citizen D) the purchase of a U.S. Treasury bond by a German citizen
Gasoline taxes illustrate the benefits-received principle of taxation
a. True b. False