The statement that "coal miners are paid more than workers with similar levels of education" is likely to reflect the fact that
a. coal mining is a declining industry.
b. coal mining jobs are potentially more dangerous than jobs with comparable education requirements.
c. all coal mines use nonunion labor.
d. coal imports are rising.
b
Economics
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Using the aggregate demand and supply model, expansionary fiscal policy will not affect the price level, but will restore full-employment GDP
a. True b. False Indicate whether the statement is true or false
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What are the marginal propensity to consume (MPC) and the marginal propensity to save (MPS)? How is the MPC related to the consumption function?
Economics