An increase in price will lead to an increase in quantity supplied. This statement is
A) the law of supply.
B) the law of demand.
C) untrue always.
D) a normative statement.
A
Economics
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Tom is a U.S. citizen. He took up a job and moved to the U.K. His income will lead to a(n) ________
A) decrease in the GDP of U.K. B) increase in the GNP of U.K. C) increase in the GDP of U.S. D) increase in the GNP of U.S.
Economics
In the United States, the working-age population refers to the:
A. civilian, noninstitutional population aged 16 and over. B. civilian, noninstitutional population of those between age 16 and age 64. C. population of those aged 16 and over. D. noninstitutional population of those between ages 16 and 64.
Economics