What is one benefit likely to result from population growth?
a. more efficient production unit sizes
b. greater economic growth per capita
c. a more educated workforce
d. better property protection
a. more efficient production unit sizes
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Other things equal:
A. Workers with higher levels of human capital will tend to migrate to countries providing greater wage opportunities B. Workers with lower levels of human capital will tend to migrate to countries providing greater wage opportunities C. Smaller wage differences between countries will tend to increase the flow of immigration between countries D. Workers with higher levels of human capital will migrate to higher-wage countries regardless of the distance between countries
The makers of the movie Titanic have some monopoly power over this film because the
A) movie is patented. B) name Titanic is trademarked. C) movie is protected by copyright law. D) government has issued the maker of this movie a public franchise. E) owner never price discriminated in marketing the movie.
If the real interest rate in the United States increases, foreign investors will ________ their demand for U.S. dollars because they desire to ________ more U.S. financial assets
A) increase; buy B) increase; sell C) decrease; buy D) decrease; sell
The average hourly wage (excluding benefits) in the United States is currently
a. $7.50 b. $9.95 c. $15.00 d. $20.00