From 1975 to 2000, the employment rate in the United States had been
A. Remaining unchanged.
B. Decreasing each year.
C. Increasing each year.
D. Both increasing and decreasing with an overall upward trend.
Answer: D
Economics
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The theory of monopolistic competition was developed in two separate models by
A) Adam Smith and David Ricardo. B) John Kenneth Galbraith and John Maynard Keynes. C) Edward Chamberlin and Joan Robinson. D) Roger Leroy Miller and Paul Samuelson.
Economics
What is it called when the price paid for a variable input is less than its marginal revenue product?
A) bilateral monopoly B) monopsonistic exploitation C) monopolistic exploitation D) featherbedding
Economics