According to the text, which of the following factors contributed to the increased labor force participation rate of women during the postwar period?
a. rising real wages
b. an increase in the years of schooling completed by women
c. declining fertility rates
d. the growth of the service sector
e. All of the above
e. All of the above
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When commercial banks use excess reserves to buy government securities from the public:
A. new money is created. B. commercial bank reserves increase. C. the money supply falls. D. checkable deposits decline.
Suppose a jar of orange marmalade that is ultimately sold to a customer at The Corner Store is produced by the following production process: Name of CompanyRevenuesCost of Purchased inputsCitrus Growers Inc.$0.750Florida Jam Company$2.00$.75The Corner Store$2.50$2.00What is the value added of Florida Jam Company?
A. $2.00 B. $1.25 C. $0.50 D. $0.75