MacDougall's test provides evidence that exports are positively related to labor productivity

Return to deficit after 2001 was due to

A) a drop in the revenue share. B) an increase in the expenditure share. C) both a drop in the revenue share and an increase in the expenditure share. D) recession.

A violinist will take no less than $40,000 a year touring with the Seattle Symphony Orchestra. Otherwise she would prefer to work as a music teacher in Seattle. The Orchestra actually pays her $75,000 . The rent component of her orchestra wage is

a. $40,000 b. $75,000 c. $115,000 d. $35,000 e. $0