A slowing U.S. economy and increased enforcement of immigration laws will reduce ________ factors for Mexican immigration to the United States
A) demand growth
B) demand pull
C) supply push
D) supply growth
B
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Market failure is the situation in which a market delivers an inefficient outcome
Indicate whether the statement is true or false
An example of moral hazard is
a. workers working diligently even though the boss is not looking b. health care insured employees forgoing their diet and exercise c. drivers of safer cars turning their phones off before driving d. borrowers investing their loan proceeds exactly as the bank requires
Applying for a loan in five-person groups is an example of:
A. trade-off. B. group responsibility. C. party of five lending. D. family and friends lending.
In the long run, an increase in the aggregate price level:
A. decreases real output. B. increases real output. C. increases spending. D. doesn't change real output.