The standard of living rises at a slower pace than labor productivity if

A) n = q.
B) n < q.
C) n > q.
D) The standard of living is not affected by the relative size of n and q.

B

Economics

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Which is of the following is one difficulty economists face that some other scientists do not?

a) Unlike other sciences, economic studies must include the largest economic player, the government. b) Economists unfortunately receive less government funding than other scientists. c) Corporations are reluctant to disclose necessary information for economic research. d) Experiments are often difficult to conduct in economics.

Economics

(Consider This) Ticket scalping:

A. imposes economic losses on both buyers and sellers. B. creates economic gains for both buyers and sellers. C. imposes losses on buyers but creates gains for sellers. D. imposes losses on sellers but creates gains for buyers.

Economics