A person who does not participate in the labor force is most likely to have which type of indifference curves?
Group of answer choices
a) upward-sloping
b) All of these answers are correct.
c) flat
d) concave
e) steep
Ans) the correct option is e) steep
A person with steep indifference curves is most likely to decide not to participate in the labor force.
A person who does not participate in the labor force is most likely to have which...
Which of the following is a member of the labor force? A person who does volunteer work for the Salvation Army A college student who is not working because of a scholarship A major league baseball player A retired doctor Considering the long-term trend over time, U.S. real GDP has increased: By small, constant increments. At a constant geometric rate. At an average rate of 3 percent per year. At an average rate of 7 percent per year. Classical economists...
Given recent cultural trends, which group of people is the most likely to have a strong indirect influence on family decisions? Group of answer choices children neighbors parents salespeople fathers
Given recent cultural trends, which group of people is the most likely to have a strong indirect influence on family decisions? Group of answer choices children neighbors parents salespeople fathers In USA
1. Consider oil which has a PED of -0.4. What does this number mean? A. Oil demand is elastic B. Oil demand is inelastic C. A 1% increase in the price of oil causes a 0.4% increase in the quantity demanded D. An increase in the price of oil causes the demand for oil to shift right E. Oil supply is highly responsive to changes in the price 2. Consider the market for gas. In the past decade, there has...
1. Consider oil which has a PED of -0.4. What does this number mean? A. Oil demand is elastic B. Oil demand is inelastic C. A 1% increase in the price of oil causes a 0.4% increase in the quantity demanded D. An increase in the price of oil causes the demand for oil to shift right E. Oil supply is highly responsive to changes in the price 2. Consider the market for gas. In the past decade, there has...
Which selection below, best explains why yield curves are almost never flat, but rather have an upward slope? This selection also is associated with the term structure of interest rates. Group of answer choices: Expectations theory Segmented markets theory Theory of quantum mechanics Liquidity premium theory
A man who is blood type O and a woman who is blood type AB have a child that has blood type AB. What is the most likely explanation? Group of answer choices Nondisjunction in male meiosis I Nondisjunction in female meiosis I Nondisjunction in female mitosis Nondisjunction in female meiosis II Nondisjunction in male meiosis II Nondisjunction in male mitosis
l. The most fundamental economic problem is a) Scarcity b) Security c) Health ) The fact that the United States buys more goods from foreigners than we sell to foreigners 2. Scarcity is a situation in which a) People cannot satisfy all their wants. b) Most people can get only bare necessities c) People can satisfy all their wants. 3. Scarcity requires that people must a) Cooperate c)Trade b) Compete d) Make choices 4. Which of the following are considered...
Which of these organisms in most likely to produce pneumonia in patients who have a history of alcoholism chronic smoking or are malnourished