As a result of the relatively low female-to-male wage ratio in early-1800s New England,
a. the supply of women willing to work in factories increased.
b. the supply of women willing to work in farming declined.
c. the wages of female farm labor rose.
d. the North industrialized more quickly than the South.
e. All of the above.
e. All of the above.
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Because of the positive externality of vaccinations, economic efficiency would be improved
A) if more people were vaccinated. B) only if no people were vaccinated. C) only if all people were vaccinated. D) if fewer people were vaccinated.
Assuming a flexible exchange rate, then an expansionary monetary policy in the foreign exchange market will shift
a. the demand curve for foreign exchange to the right b. the demand curve for foreign exchange to the right and the supply curve of foreign exchange to the left. c. both the demand curve for foreign exchange and the supply curve of foreign exchange to the right. d. both the demand curve for foreign exchange to the left. e. none of the above.