The two leading countries of origin of U.S. legal immigrants in 2011 were Mexico and:

A. China

B. India

C. The Dominican Republic

D. The Philippines


A. China

Economics

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When demand is unit elastic, an increase in price will cause total revenue to increase, stay the same, or decrease, depending on the corresponding change in quantity demanded

Indicate whether the statement is true or false

Economics

Stocks and bonds

a. and checking accounts are all stores of value and commonly function as mediums of exchange. b. and checking accounts are all stores of value, but only stocks and bonds commonly function as mediums of exchange. c. and checking accounts are all stores of value, but only checking accounts commonly function as mediums of exchange. d. and checking accounts all commonly function as mediums of exchange, but only stocks and bonds are a store of value.

Economics

In 2011, the federal government spent 9 percent of the budget on net interest. Which of the following statements regarding net interest is correct?

a. If the government pays down its debt, the amount of the budget needed for net interest decreases. b. If the government accrues more debt, the amount of the budget needed for net interest increases. c. In 2011, the federal government spent 325 billion dollars to cover interest payments on its loans. d. All of the above are correct.

Economics

Refer to the information provided in Figure 2.5 below to answer the question(s) that follow. Figure 2.5Refer to Figure 2.5. The economy is currently at Point B. The opportunity cost of moving from Point B to Point A is the

A. 120 LCD TVs that must be forgone to produce 20 additional OLED TVs. B. 30 LCD TVs that must be forgone to produce 40 additional OLED TVs. C. 20 OLED TVs that must be forgone to produce 30 additional LCD TVs. D. 40 OLED TVs that must be forgone to produce 120 additional LCD TVs.

Economics