Which of the following is an example of a common pool resource?

A) a lighthouse
B) burritos
C) a high school football game
D) redwood forests

D

Economics

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The supply of labor is defined as the relationship between the real wage rate and the

A) amount of jobs supplied by firms. B) quantity of labor supplied by households. C) quantity of labor supplied by firms. D) amount of jobs supplied by households. E) equilibrium quantity of employment.

Economics

Leontief reconciled his results by arguing that

A) American labor is more efficient than foreign. B) American capital is more efficient than foreign. C) Foreign capital is more efficient than American. D) Foreign labor is more efficient than American.

Economics