If a man marries his hired housekeeper, the value of GDP:
a. rises.
b. falls.
c. is unchanged.
d. rises, but the value of GDP falls.
b
Economics
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An efficiency wage is
A) lower than a living wage. B) unfair to employers. C) a wage rate above the employees' opportunity cost. D) unlikely to be paid when monitoring is available.
Economics
If each of us relied exclusively on the market to determine what to buy, we would probably end up with few, if any:
A. streetlights. B. strawberries. C. televisions. D. raincoats.
Economics