Which of the following is likely to increase the productivity of workers in an economy?
A) The discovery of an oil field
B) An increase in the number of years of training that each worker receives
C) An increase in the aggregate price level
D) An increase in the labor force participation rate in the economy
Question 2
If the marginal propensity to consume (MPC) is 0.75 and there is an increase in planned investment spending of 0.5 trillion, then saving will
A) increase by 0.25 trillion. B) increase by 0.5 trillion.
C) increase by 1 trillion. D) remain unchanged.
In 1979 Islamic militants held American embassy workers hostage in Tehran.
The Head Start program was designed to increase the school readiness of low-income children.
The answer to “What is the proper role of children in an economy?” varies by social class, ...
Atmospheric pressure decreases with increase in altitude.
Greenhouse gases increase in the stratosphere
Increase in Surface Area by Mechanical Weathering