Over the long run, real earnings per worker can increase only at about the same rate as the economy's rate of growth of:
A. total output.
B. stock of capital.
C. output per worker.
D. international trade.
Answer: C
Economics
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Which of the following is a source of information that helps consumers acquire information about the quality of a good or service?
a. brand names b. franchising c. consumer ratings magazines d. all of the above
Economics
Dewey earned a salary of $75,000 in 2001 and $95,000 in 2006 . The consumer price index was 177 in 2001 and 266 in 2006 . Dewey's 2006 salary in 2001 dollars is
a. $47,768.36. b. $63,214.29. c. $84,550.00. d. $142,768.36.
Economics