There was a spike in U.S. legal immigration from 1989 to 1991 due to:
A. An unstable political situation in Mexico
B. Increased international travel
C. Tremendous economic growth in the U.S. economy
D. An amnesty program legalizing formerly illegal immigrants
D. An amnesty program legalizing formerly illegal immigrants
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The study by economists Cox and Alm found that the 2006 pre-tax income of the richest fifth of U.S. households is
a. 5 times the pre-tax income of the poorest fifth. b. 10 times the pre-tax income of the poorest fifth. c. 15 times the pre-tax income of the poorest fifth. d. 20 times the pre-tax income of the poorest fifth.
Which of the following statements about the United States during the twentieth century is correct?
A) Output growth has been approximately equal to employment growth. B) Output growth has been slower than employment growth. C) Output growth has been faster than employment growth. D) Output has increased largely due to monetary and fiscal policy. E) Output has decreased largely due to monetary and fiscal policy.
A commercial bank lists
A. loans as liabilities. B. required reserves as liabilities. C. deposits as liabilities. D. excess reserves as liabilities.
If a person were in the 15% tax bracket and given the choice of a $500 credit or a $2500 deduction,
A. he would not qualify for either. B. he would not care. They would constitute the same tax benefit. C. he would take the credit every time. D. he would take the deduction every time.