The entry of baby boomers into the labor force and increased labor force participation of women
A. Decreased the employment rate and caused per capita GDP to fall.
B. Increased the employment rate and caused per capita GDP to fall.
C. Decreased the employment rate and caused per capita GDP to rise.
D. Increased the employment rate and caused per capita GDP to rise.
Answer: D
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In general, one would expect that life expectancies reflect international differences in income levels. Do the data support such a claim?
A) Average life span falls as relative poverty falls. B) Average life span increases as relative poverty falls. C) There is no statistically significant relationship between the two. D) The relation is not very strong. E) The relationship looks more like a U-shape.
Which of the following corresponds to the definition of the supply curve?
a. It depicts a positive relationship between income and quantity supplied. b. It depicts a positive relationship between technology and prices. c. It depicts a positive relationship between prices and quantity supplied. d. It depicts a negative relationship between prices and quantity supplied. e. It depicts a proportional relationship between prices and quantity supplied.