The fact that developed countries have strong, widely attended university systems indicates that
(a) university expansion should be a development priority.
(b) universities teach skills used on the job.
(c) developing countries place too much stress on agriculture.
(d) none of the above.
D
Economics
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How are the following events likely to affect an economy's production possibilities curve?
a. An increase in the working population of the economy b. The import of better production technology c. A natural disaster that destroys some of the economy's resources d. Emigration of workers to other countries
Economics
Refer to Figure 14.3. To maximize economic rent, the labor union will agree to wage rate:
A) W0. B) W1. C) W2. D) W3. E) none of the above
Economics