If capital and labor each grow 5% in a year, the elasticities of output with respect to capital and labor sum to one, and productivity grows 2% in the year, by how much does output grow during the year?
A) 2%
B) 3%
C) 5%
D) 7%
D
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Pamela Michelle Scott, a low income single mom, had just finished her monthly shopping to purchase 30 days' worth of meat from Hollins Market
She's reared five healthy children and said that she made good use of the free health clinics and food stamps. Pamela benefits from free health clinics which are ________ and food stamps which is a ________. A) Social Security programs; subsidized service B) unemployment compensation programs; Social Security program C) subsidized services; welfare program D) welfare programs; unemployment compensation program
By 1964, nearly all blacks outside the South were covered by laws that allowed the government to issue cease and desist orders against discriminating firms. According to recent research by William Collins, these laws
a. were successful in improving the wages and working conditions of all African-Americans. b. were successful in improving the wages and working conditions of only Southern African-Americans. c. led to lower wages and deteriorating working conditions for African-Americans. d. had some success in improving the wages and working conditions of African-American women.