Refer to the graph below. The slope of the line tangent to the curve at point A is:





A. 0

B. .5

C. 2

D. 4

Answer: A

Economics

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In recent decades, international trade has been

a. a constant percentage of U.S. GDP b. a declining fraction of U.S. GDP c. an increasing fraction of U.S. GDP d. declining as measured by total dollars spent e. constant as measured by total dollars spent

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Which of the following is most likely to cause the productivity of labor to increase?

a. higher money wages b. a higher rate of investment in human and nonhuman capital c. more flexible working hours and improved retirement plans d. an increase in the proportion of the workforce that belongs to a labor union

Economics