Any movement to reduce the globalization of the world's economies will make workers in the poorest countries worse off than they would otherwise be
a. True
b. False
Indicate whether the statement is true or false
True
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When you purchase a bond in the secondary market, you are lending money directly to the borrower
a. True b. False Indicate whether the statement is true or false
People in a certain group have a 0.3% chance of dying this year. If a person in this group buys a life insurance policy for $3,300 that pays $1,000,000 to her family if she dies this year and $0 otherwise, what is the expected value of a policy to the insurance company?
A) $0 B) $300 C) $3,000 D) $3,300
Self-driving trucks greatly reduce the costs of shipping goods. What is the result on the aggregate demand for labor?
A. The aggregate labor demand curve is unchanged, but there is a movement along the curve. B. The aggregate labor demand curve shifts up. C. The aggregate labor demand curve shifts down for low levels of employment and down for high levels of employment. D. The aggregate labor demand curve shifts down.
The figure above shows the costs and demand curves for the Bigshow Cable Company. Bigshow Cable Company incurs an economic loss if the regulator set its price at
A) $8. B) $6. C) $4. D) None of the above prices force Bigshow to incur an economic loss.