What helps to explain the remarkable 7.3% growth rate in South Korea between 1960 and 2011?

A) The education of South Korean women
B) A radical reduction in foreign imports and a maximization of South Korean exports
C) Huge foreign aid from the World Bank
D) All of the above.
E) None of the above.

A

Economics

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The branch of economics which studies the behavior of entire economies and policies that affect the economy as a whole is called

A) macroeconomics. B) normative economics. C) microeconomics. D) public economics.

Economics

One trend in labor markets is:

A. a slowdown in real wage growth in the United States since 1973. B. decreasing wage inequality in the United States. C. a decrease in average real wages in the United States and other industrial countries. D. weak rates of job creation in the United States since 1980.

Economics