Which of the following statements is true?

A) The wages expected by potential workers are independent of their work experience.
B) Some people seeking paid jobs may not be able to find employment.
C) The wages expected by potential workers are independent of their educational qualifications.
D) All people seeking paid jobs are eventually employed.

B

Economics

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The above table has data from the nation of Atlantica. Based on these data, what is marginal propensity to consume?

A) 1.50 B) 1.00 C) 1.33 D) 0.50 E) 0.75

Economics

The figure above provides information about Light-U-Up Utilities, which is a natural monopoly that provides electricity. If Light-U-Up is unregulated, it will produce ________ and sell at a price of ________

A) 200 kwh; 10¢ per kwh B) 200 kwh; 30¢ per kwh C) 300 kwh; 20¢ per kwh D) 400 kwh; 10¢ per kwh

Economics