One explanation for the increased participation of married women in the U.S. labor force is that
a. fewer women are being trained for household work by the public school system
b. rapid growth in the service sector has provided additional job opportunities for women
c. the cost of professional day care has increased
d. couples are having more children
e. husbands earn more today than they did previously
B
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To say that an individual displays a positive rate of time preference mean
A) She prefers to have more time rather than less time in her day. B) She prefers to have less time rather than more time in her day. C) She prefers goods sooner rather than later in the future. D) She prefers goods later rather than earlier in the future.
Checking account deposits are counted in M1, but savings account deposits are not because
A) checking deposits can be used for payment; cash in savings cannot. B) checking deposits are a form of consumption; savings deposits are a form of investments. C) Trick question! Neither type is counted in M1. D) Trick question! Both deposit types are counted in M1.