Which of the following statements best describes the reason for the large migration of African-Americans from the south to the north during the 1920s?

a. This movement was just a continuation of the same trend that had been occurring in large scale since the end of the Civil War.
b. African-Americans moved north to reunite families that had been divided during the many years of slavery.
c. The African-Americans who had worked in the south had mostly been employed in the manufacturing sector, which suffered a downturn in the 1920s.
d. Employers in the North who had traditionally hired European immigrants had to search elsewhere when immigration restrictions were imposed.


d. Employers in the North who had traditionally hired many immigrants had to search elsewhere when immigration restrictions were imposed.

Economics

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Assuming a market rate of interest equal to 7 percent and anticipated inflation is 2 percent, what is the real (adjusted for inflation) present value of $200 to be received one year from today?

A) $190 B) $214 C) $187 D) $210

Economics

Beverly spends $100 on a teeth whitening kit. After one application, her gums are inflamed and it feels like her mouth is on fire. Beverly is trying to decide whether to apply the treatment again, or throw the kit away. The opportunity cost of a second application is:

A. $100. B. the pain and suffering involved with the second application. C. $100 + the pain and suffering involved with the second application. D. $100 + the pain and suffering involved with the first and second application.

Economics

The main conclusion drawn from the criticisms around foreign aid is:

A. trade should be encouraged instead of aid. B. aid should no longer exist, as it is an inefficient use of dollars. C. more accountable means of distribution and program evaluation are needed. D. immigration policies should be loosened and aid should be halted.

Economics

If the government increased licensing requirements for beauty salons, the supply curve for salon services would shift to the left

Indicate whether the statement is true or false

Economics