The economic data on the gender differences of income in the developed countries illustrates that
a. the disparity is not that great.
b. the differences are getting less significant.
c. men earn significantly more than women.
d. this disparity is much greater than in the developing world.
According to the feminist approach, the informal work by women in housework and raising children,
a. has been undervalued and ignored by traditional theories of international political economy (IPE).
b. has been included by some of the traditional theories.
c. is not of sufficient importance to merit a significant inclusion in IPE theories.
d. should be given a monetary value.
The term that refers to the reduction of the general level of prices in an economy is
a. devaluation.
b. depression.
c. depreciation.
d. deflation.
During the Great Depression in the United States, gross domestic product (GDP) fell by nearly
a. 20 percent.
b. 30 percent.
c. 50 percent.
d. 65 percent.
Which of the following was not a policy followed by Roosevelt to deal with the Great Depression?
a. Passage of the Smoot-Hawley Tariff Act
b. Borrowing vast sums of money and spending it on public works projects
c. Introduction of the Social Security system
d. Increasing the powers of the labor unions in America
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