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Question
The increase in the average unemployment rate in the 1970s was the result ofA) the reduction of overly generous unemployment benefits in the 1970s.
B) an increase in the birth rate in the early 1970s.
C) an increase in the birth rate in the late 1940s and early 1950s.
D) higher real wage rates.
E) repeated increases in the minimum wage.
Answer
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Related questions
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Scarcity results from the fact that
A) people's wants exceed the resources available to satisfy them.
B) not all goals are desirable.
C) we cannot answer the major economic questions.
D) choices made in self-interest are not always in the social interest.
E) the population keeps growing.
Q:
Why does scarcity lead to the what, how, and for whom questions?
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B) the social interest.
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B) How will health care be produced?
C) For whom will health care be produced?
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E) Must we offer health care?
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The figure above shows the relationship between the journey length and the cost of trip per mile. The curve becomes flatter because as the journey length increases,A) the fall in the cost per mile becomes smaller.B) the fall in the cost per mile becomes greater.C) the cost per mile decreases.D) the cost per mile increases.E) the cost per mile remains unchanged.
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B) How?
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Q:
Which of the following is a topic studied in macroeconomics?
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Q:
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Q:
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Q:
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Q:
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Q:
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Q:
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