The rarest migration pattern is for people to move permanently from
A) poor countries to richer countries.
B) poor countries to other poor countries.
C) rich countries to poor countries.
D) rich countries to other rich countries.
C
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In the figure below, the economy is initially in long-run equilibrium at point A. If there is an adverse supply shock that reduces potential output and shifts the long-run aggregate supply curve from LRAS to LRAS', then the new long-run equilibrium is reached at point: 
A. C. B. D. C. E. D. B
In a Dutch auction, the higher the bid, the ________ the surplus and the ________ chance of winning
A) higher; lower B) lower; higher C) higher; higher D) lower; lower
The Bureau of Labor Statistics has taken several steps to reduce the bias in the consumer price index. Which of the following is not one of the steps taken to reduce the bias?
A) updating the market basket every two years, rather than every 10 years B) using statistical methods to reduce the size of the quality bias C) conducting a point-of-purchase survey to track where consumers actually make their purchases D) incorporating substitutions by consumers when prices of specific products rise rapidly
Which one of the following statements concerning the National Bank Act is not true?
a. It required national banks to buy Treasury bonds equal to one third of their capital. b. It made banks subject to periodic bank audits. c. It reestablished confidence in the banking system. d. It led to a widespread conversion of banks from state to national charters. e. It levied a 10 percent annual tax on state-chartered bank-note issues.