View the step-by-step solution to:

31.Immigration has _____ our rate of economic growth. A. increased B. slowed C. had no effect on 32.Which statement is FALSE?

31.Immigration has _____ our rate of economic growth.


A. increased


B. slowed


C. had no effect on



32.Which statement is FALSE?


A. Our average workweek has declined by more than one third since 1900.


B. Americans work more hours per year than workers in most other industrial nations.


C. The number of paid holidays enjoyed by American workers has increased since the

1950s.


D. American workers get more vacation time than workers in other industrialized nations.



34.The United States _____ the highest productivity per worker in the world but also has a

_________ work week than other industrialized nations.

A. has; shorter

B. has; longer

C. does not have; shorter

D. does not have; longer



35.The United States savings rate


A. is higher than the Chinese savings rate.


B. was 10 percent in 2005.


C. was the most important factor contributing to the high economic growth rate since 1995.


D. usually goes up during and soon after a recession.



39.A family of four with one wage earner who earns the minimum hourly wage would be


A. well below the poverty line.


B. slightly below the poverty line.


C. slightly above the poverty line.


D. well above the poverty line.



42.The reason that some people make more money than others is explained mainly by


A. training and education.


B. intelligence.


C. inborn skills or physical attributes.


D. all of the choices/statements are true.



50.The law of comparative advantage states that


A. countries grow fastest if exports exceed imports, with payment surpluses being received

in gold.


B. mutually beneficial trade can always take place between two countries whose pre-trade

relative opportunity costs differ.


C. two countries can both gain from trade only when they have very different tastes and

preferences.


D. trade benefits a country only if it has comparative advantages in all goods and services.

Top Answer

A. increased A. Our average workweek has declined by more than one third since 1900. B. has; longer C.... View the full answer

Sign up to view the full answer

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

-

Educational Resources
  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question
Ask a homework question - tutors are online