What Supreme Court case ruled separate education for blacks and whites was constitutional provided that it was equal?
a. Plessy vs. Ferguson
b. Munn vs. Illinois
c. The Dred Scott Case
d. Brown vs. Board of Education
a. Plessy vs. Ferguson
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In events leading to the housing bubble, the credit-rating agencies rated the assets associated with the housing market proper:
A. mid-level ratings indicating moderate risk, but were ignored. B. AAA ratings indicating low risk, but turned out to be a right judgment. C. AAA ratings indicating low risk, and turned out to be too optimistic. D. mid-level ratings indicating moderate risk, and turned out to be too pessimistic.
What is Jim's opportunity cost of operating his own business?
a. the total amount of money he puts into capital equipment b. the value of his labor that is put into the business c. the cost of hiring his laborers d. All of the above are correct.
When is it best to sell bonds?
A) When interest rates are expected to rise, because this means bond prices will rise. B) When interest rates are expected to fall, because this means bond prices will rise. C) When interest rates are expected to rise, because this means bond prices will fall. D) When interest rates are expected to fall, because this means bond prices will fall.
One important consequence of migration is:
A. demographic shifting in both countries. B. population growth in both countries. C. remittances received by sending countries. D. increased output in receiving countries.