Reference no: EM13986906
1. Which of the following determinants of marginal productivity cannot be acquired by someone who wants to increase future productivity?
A. Experiance
B. Training
C. Talent
D. Educaiton
2. The effects of the national health care program on labor markets will
A. increase the quantity supplied of labor.
B. decrease the quantity supplied of labor.
C. decrease the quantity demanded for labor.
D. increase the quantity demanded for labor.
3. The belief that everyone should have exactly the same amount of income is
A. Lorenz principle.
B. egalitarian principle.
C. merit standard.
D. comparable-worth doctrine.
4. One reason some economists are critical of the Lorenz curve is because
A. it reflects income before taxes
B. it relfects income after taxes
C. it reflects only the top bracket of taxpayers
D. it reflects only the poor in the country
5. Income is considered to be a
A. nontaxable stream of funds
B. resource
C. stock
D. flow
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