Residents of the developing American colonies lived _______ lives compared to people living in the advanced countries of that time because ________
a. better; of favorable protections from England
b. better; of high levels of output per worker.
c. worse; of unfavorable taxation
d. worse; of the inaccessibility of both capital and finished machine goods.
b. better; of high levels of output per worker.
Economics
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The last two decades in the United States have seen
a. a fall in real wages. b. an increase in labor-force participation. c. growth in service sector employment. d. All of the above are correct.
Economics
An action that is the best choice under all conditions is known as the
A) profit-maximizing strategy. B) prisoner's dilemma. C) tit-for-tat strategy. D) dominant strategy.
Economics