Author Question: The U.S. economy has seen a faster increase in productivity since the mid-1990s as compared to the ... (Read 218 times)

torybrooks

  • Hero Member
  • *****
  • Posts: 500
The U.S. economy has seen a faster increase in productivity since the mid-1990s as compared to the economies of many Western European countries. Which of the following explains this?
 
  A) The United States has a higher rate of job mobility than do many Western European countries.
  B) U.S. unions impose stricter work rules as compared to unions in Western European countries.
  C) U.S. government regulations impose stricter work rules as compared to government regulations in Western Europe.
  D) U.S. workers can obtain unemployment insurance for a longer period of time as compared to workers in most Western European countries.

Question 2

A change in tax rates
 
  A) has a larger multiplier effect the smaller the tax rate.
  B) has a less complicated effect on GDP than does a tax cut of a fixed amount.
  C) will not affect disposable income.
  D) will not affect the size of the multiplier.



stanleka1

  • Sr. Member
  • ****
  • Posts: 325
Answer to Question 1

A

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

For a complete list of videos, visit our video library