When a 13-year-old girl consents to babysit John's children for 5 per hour, economists assume
A) the girl was made worse off while John was made better off.
B) the girl was made better off while John was made worse off.
C) both parties were made worse off.
D) both parties were made better off.
Question 2
Which of the following is true?
A) Real GDP fluctuates around potential GDP.
B) Potential GDP fluctuates around real GDP.
C) Nominal GDP fluctuates around real GDP.
D) Real GDP fluctuates around nominal GDP.
E) When real GDP equals potential GDP, both equal nominal GDP.
Girl with young cat
School-age children are often independent and industrious, with a developing sense of self-confidenc
A Girl Pan
Workers at a Nike factory in Indonesia insert soles into sneakers for fourteen cents an hour.
Types of ecosystem service vs. total global value per year
Parents who have higher levels of education encourage their children to be educated