In 2011, the greatest number of legal immigrants arriving in the United States came from:
A. India and North Korea.
B. the Dominican Republic and Cuba.
C. China and Vietnam.
D. Mexico and China.
Answer: D
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The above figure shows the market for steel ingots. What is the total surplus under social optimum?
A) $2500 B) $5000 C) $6500 D) Not enough information.
If Harry Bartolini's Ford dealership sells Rosa Brown a new automobile for $30,000, economic analysis indicates that
What will be an ideal response?
Marginal utility per dollar spent on good X is
a. total utility of X divided by its price. b. marginal utility of X divided by its price. c. the change in marginal utility of good X. d. none of the above
Which diagram in Figure 15.1 best represents a situation in which lower interest rates do not stimulate additional investment?
A. d. B. b. C. c. D. b and d.