Which statement is false?
A. Most jobs in defense plants during World War II were held by white males.
B. The federal government instituted wage and price controls during World War II.
C. Very little new housing was built during the Great Depression and World War II.
D. None of the statements are false.
A. Most jobs in defense plants during World War II were held by white males.
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Other things remaining the same, which of the following is likely to increase both the wage rate and the number of workers hired in a rice farm?
A) An increase in the price of rice B) A decrease in the price of rice C) A decrease in the population in the area where the farm is located D) An increase in the population in the area where the farm is located
The figure above shows the market for coffee. If more coffee plantations are planted in Brazil and Vietnam so that the supply of coffee increases, the efficient quantity of coffee will ________ and the consumer surplus will ________
A) increase; increase B) increase; decrease C) decrease; decrease D) decrease; increase