The higher the real wage rate, the higher the labor force participation rate
Indicate whether the statement is true or false
TRUE
Economics
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A macroeconomic variable is pro cyclical if
A. it grows faster than GDP B. its deviations from trend generally change before the deviation from trend in GDP do C. its deviations from trend generally change more than the deviations from trend GDP D. its deviations from trend are more often of the same sign as the deviations from trend GDP
Economics
The Environmental Protection Agency (EPA) requires that firms in a certain industry adopt a particular technology to reduce the emission of pollutants. Is this requirement a command- and-control policy or is it a market-based policy?
Economics