Movements of workers from country to country can cause shifts in the labor supply curves for both countries
a. True
b. False
Indicate whether the statement is true or false
True
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Taxing buyers rather than sellers increases the market equilibrium price
a. True b. False Indicate whether the statement is true or false
Which of the following is not a component of the M1 money supply?
A. demand deposits B. large-denomination (more than $100) bills C. interest-earning checking deposits D. outstanding balances on credit cards
Refer to the data provided in Table 9.3 below to answer the following question(s). Table 9.3qTFCTVCTCMCAVCATC0$100 $0$100 ---- -- 1100401404040 140 21006016020 30 80 31009019030 30 63.334100124 224 343156 5100180 280 56 36 56 6100 264 364 84 44 60.677100 372 472 108 53.14 67.43Refer to Table 9.3. If the market price is $34, then in the short run the firm will
A. operate and expand. B. operate but not expand. C. shut down, but not go out of business. D. go out of business.
Government intervention will not be necessary when voluntary contracting internalizes an externality. Which of the following is NOT a necessary condition for this to occur?
A) well-defined private property rights B) low transaction costs C) large numbers of individuals involved in the transactions D) low contract enforcement costs