Which of the following have hurt those at the low end of the income distribution and helped those at the high end?
a. economic forces
b. technological change
c. immigration
d. all of the above
d
You might also like to view...
In the film A Beautiful Mind, each of the three characters, Nash, Sol, and Bender, played a game where each preferred pursuing the blonde while the other two players pursued brunettes, so each preferred a different equilibrium
Also, no player had a dominant strategy in this game. Based on this, explain which of the 5 game archetypes their game did and did not represent.
During a severe recession, appropriate economic policy might include
A. An open market purchase by the Fed, a decrease in the tax rates, or a decrease in the budget deficit. B. An open market purchase by the Fed, a decrease in the discount rate, or a decrease in government regulation. C. An open market sale by the Fed, a decrease in the discount rate, or an increase in the budget deficit. D. A decrease in government spending, a decrease in the discount rate, or a decrease in government regulation.
Refer to the accompanying table below. The average benefit of 2 units of activity is:Units of ActivityTotal CostTotal Benefit0$0$01$30$1002$40$1603$60$1904$100$2105$150$2206$210$225
A. $40 B. $60 C. $20 D. $80
A change in Federal Reserve monetary policy will:
A. have no effect on the Security Market Line. B. invert the Security Market Line. C. change the slope of the Security Market Line. D. cause a vertical shift of the Security Market Line.