Workforce quality arguments are very difficult to prove for the period of 1970 to 1990 because during that period SAT scores
a. and graduation rates increased.
b. increased and graduation rates decreased.
c. and school attendance rates decreased.
d. decreased and school attendance rates increased.
d
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If a country chooses to establish fixed exchange rates and an independent monetary policy, it gives up the ability to have ________
A) free capital mobility B) an independent fiscal policy C) capital controls D) an independent physical policy
The total revenue curve for a perfectly competitive firm
a. is a vertical line intersecting the horizontal axis b. is a horizontal line intersecting the vertical axis c. starts part way up the vertical axis, then slopes upward in a backwards-S curve d. is a straight line starting from the origin and sloping upward e. starts at the origin, sloping upward at first and then sloping downward