Workers displaced because of trade:
a. have had larger losses in manufacturing compared with services.
b. have had larger losses among older workers than younger workers.
c. are likely to find replacement jobs within 3 years.
d. have experienced all of these answer choices.
Ans: d. have experienced all of these answer choices.
Economics
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Alice, Bob, and Cody live in Wesland. Their annual incomes and the amounts they pay in income tax are shown in the table below. Income Tax Alice 30,000 6,000 Bob 50,000 7,500 Cody 100,000 12,000 The income tax in Wesland is
A) proportional. B) regressive. C) flat-rate. D) progressive.
Economics
On a linear demand curve, the price elasticity of demand at the mid-point of the curve is: a. greater than 1. b. less than 1
c. equal to 1. d. equal to 0.
Economics