With modern sector enrichment growth, inequality will
a. first rise and then fall.
b. first fall and then rise.
c. remain about the same.
d. None of the above.
Answer: d. None of the above.
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Which one of the following statements about global population is true?
A) Since the 1970's, both population and population growth rates have increased B) Since the 1970's, population growth rates have declined but population has increased C) Since the 1970's, population growth rates have remained constant but population has increased D) Since the 1970's, both population and population growth rates have declined
Suppose the full-employment equilibrium real wage rate is $11 per hour while the actual real wage rate is $12 per hour. If the actual real wage rate does not change, then
A) job rationing will decrease. B) the production function will shift downward. C) job search will decline. D) job rationing will occur. E) a positive Okun Gap will occur.