Which of the following was not a reason why wages in the US increased during World War I?
a. A sharp decrease in immigration during the war.
b. A large increase in drafting men into the armed forces.
c. A large increase in the number of government contracts.
d. A large increase in the number of women who were employed in the labor market.
d. A large increase in the number of women who were employed in the labor market.
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If the interest rate is 4 percent, how much interest would the retiree earn the first year if she opted for the lump sum payment, and chose to invest the entire payment at this interest rate?
A) $1,400 B) $20,000 C) $55,000 D) $235,000
To ask "what causes a recession" is the same as asking
A) "why does supply meet demand?" B) "what is the link between price elasticity of demand and price elasticity of supply?" C) "why have so many individuals made errors all at once?" D) "why have price controls failed us?"