Factors that have contributed to the increase in women's labor-force participation rate in the U.S. include the following, except:
A. Rising wage earnings brought about by rising productivity
B. Better education and more professional training
C. Access to a wider range of job opportunities
D. Increase in the number of children, requiring mothers to find work along with fathers
D. Increase in the number of children, requiring mothers to find work along with fathers
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Which of the following is a limitation of using arithmetic averages to calculate growth rates?
A) Arithmetic averages do not capture the exponential nature of growth and thus are not apt for long-run prediction. B) Arithmetic averages cannot be used in case of negative growth. C) Arithmetic averages are difficult to calculate. D) The calculation of growth using arithmetic averages requires more data than other methods.
A version of the battle of the sexes game that results in disaster if each player plays his or her tough strategy is called
A) a prisoner's dilemma game. B) a chicken game. C) an assurance game. D) a pure coordination game.