Refer to the below graphs. (Assume that the pre-migration labor force in Country A is 0d and that it is 0u in country B.) The migration of labor from low-income country B to high-income country A will:



A. Increase wages in country A and decrease wages in country B



B. Decrease wages in country A and decrease wages in country B



C. Decrease wages in country A and increase wages in country B



D. Increase wages in country A and increase wages in country B


C. Decrease wages in country A and increase wages in country B

Economics

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A rent ceiling set above the equilibrium rent efficiently allocates resources in the housing market

Indicate whether the statement is true or false

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Differences in human capital and discrimination can help explain economic inequality

Indicate whether the statement is true or false

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Refer to the above figures. A quota is placed on a foreign good. Which figure represents the situation in the domestic market for a competing domestic good?

A) Panel A B) Panel B C) Panel C D) Panel D

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Which of the following is a component of aggregate demand?

A. Consumption B. Income C. Taxes D. Transfer payments

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