Approximately how many people became permanent legal residents of the United States in 2011?
A. 1,062,000.
B. 854,000.
C. 720,000.
D. 251,000.
Answer: A
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Based on the 1997 Crisis and your own experience, what are the main weaknesses of the East Asian economies?
What will be an ideal response?
Ajax Corporation has just decided to let managers work from home one day a week. This decision will make working conditions better and will
A) cause the demand curve for labor for managers to increase. B) increase the elasticity of demand for labor for managers. C) lead to an increase in the supply curve of labor for managers. D) leave the supply curve of labor unchanged.
A contestable market is a market
a. that is highly contested by two, and only two, rival firms. b. in which the costs of entry and exit are low. c. characterized by high profitability and government regulation. d. characterized by a large number of firms; in essence, the term means the same thing as pure competition.
In the long run, a year-long drought that destroys most of the summer's wheat crops causes permanently:
A. higher prices. B. lower prices. C. lower output. D. None of these is true.