Which of the following is not an example of a differing taste for work?
a. Some people prefer physical labor and hate office work
b. Some people become airline pilots while others are afraid to fly
c. Winter temperatures are below zero on crab boats off Alaska
d. Teenagers prefer jobs at Starbucks and Gap to those at fast-food restaurants
e. Many people prefer the creative process even though earnings are low
C
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Which of the following is not a segment of the foreign exchange market?
a. The stock market for multinational companies. b. The outright forward market. c. The futures-and-options market. d. The spot market. e. All of the above are segments of the foreign exchange market.
The idea that tax cuts would increase the quantity of labor supplied, thus increasing tax revenue, became known as supply-side economics
a. True b. False Indicate whether the statement is true or false