One reason the supply of carpenters is greater than the supply of physicians is because:
a. carpenters demand less income.
b. physicians do not belong to a union.
c. of differences in human capital.
d. carpenters belong to unions.
c
Economics
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If the growth rate of population is greater than a nation's growth rate of real GDP, then its real GDP per person
A) falls. B) rises. C) does not change. D) might rise, fall, or not change. E) cannot be measured.
Economics
By fixing its exchange rate, China is most likely
A) achieving a low inflation rate by anchoring to the U.S. inflation rate. B) keeping its export prices low. C) making it easier to compete in world markets. D) Both B and C.
Economics