Sarah has the utility function U(X,Y) = X.5Y.25. When Sarah consumes X = 2 and Y = 6 she has a marginal rate of substitution of

A) -12.
B) -1/6.
C) -6.
D) -1/12.

C

Economics

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In the United States, a reason for the increase of the labor force participation rate for women is that

A) an increase in wealth allowed men to retire early. B) more women pursued a college education and received higher wages upon graduation. C) fewer women married. D) there has been a decrease in jobs with flexible hours. E) improved Social Security benefits are available for women if they work.

Economics

In the foreign exchange market, which of the following shifts the demand curve for dollars rightward?

A) The current exchange rate rises. B) The expected future exchange rate rises. C) The current exchange rate falls. D) The expected future exchange rate falls. E) None of the above answers is correct.

Economics