Beginning in 1990, the Federal government:
A. Decreased the annual immigration quota from 700,000 to 500,000
B. Increased the annual immigration quota from 500,000 to 700,000
C. Increased the annual immigration quota from 250,000 to 500,000
D. Increased the annual immigration quota from 500,000 to 1 million
B. Increased the annual immigration quota from 500,000 to 700,000
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Goods and services that the United States sells to other nations are called
A) exchanges. B) world goods. C) imports. D) exports. E) bartered goods.
In 1991, Argentina decided to peg its currency (the Argentinean peso) to the U.S. dollar
To maintain the peg, Argentina had to purchase surplus pesos on the foreign exchange market, depleting its reserves of dollars to such an extent that it eventually had to abandon the peg. Show graphically what this implies about the peg relative to the equilibrium exchange rate in the market for the Argentinean peso.
When firms already in the industry produce under conditions of substantial economies of scale, entry into the industry is usually more difficult than if the firms produced without those economies of scale
Indicate whether the statement is true or false
Economists consider price discrimination to always be undesirable.
Answer the following statement true (T) or false (F)