Which of the following is most accurate about the period between the Civil War and World War I?
a. An increasing share of the U.S. population lived in rural areas.
b. Unions pursued strategies of peaceful negotiation with employers.
c. The average number of hours of work increased significantly during the period.
d. The difference between male and female wages decreased.
d. The difference between male and female wages decreased.
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Consider a small open economy with desired national saving of Sd = 200 + 10,000rw and desired investment of Id = 1000 - 5000rw. If rw = 0.05, then a rise in government spending of 50 with no change in private saving causes net exports to become
A) 100. B) 50. C) -50. D) -100.
A characteristic of outsourcing is
a. essentially the opposite of vertical integration b. likely to be profitable exactly when vertical integration is profitable c. it prevents a firm from focusing on its core competencies d. it prevents the exploitation of differing degrees of economies of scale at different points in the supply chain