Other things equal, the optimal number of immigrants will be greater, the:
A. greater the education and skill level of immigrants.
B. lower the education and skill level of immigrants.
C. higher the unemployment rate of the destination nation.
D. greater the fiscal burden of each immigrant.
Answer: A
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Suppose the daily demand for Coke and Pepsi in a small city are given by QC = 90 - 100PC + 400(PP - PC) and QP = 90 - 100PP + 400(PC - PP), where QC and QP are the number of cans Coke and Pepsi sell, respectively, in thousands per day. PC and PP are the prices of a can of Coke and Pepsi, respectively, measured in dollars. The marginal cost is $0.45 per can for both Coke and Pepsi. What is Pepsi's inverse demand function?
A. PP = (0.18 + 0.8PC) - 0.002QP B. QP = (0.18 + 0.8PC) - 0.002PP C. PP = (90 + 400PC) - 0.002QP D. QP = (90 + 400PC) - 0.002PP
Factors supplying and absorbing bank reserves constitute the
A) Federal Reserve credit equation. B) bank reserve equation. C) equation of exchange. D) money market.
Increasingly, foreign aid from the United States to less-developed countries has been in the form of grants
Indicate whether the statement is true or false
During inflationary periods, consumers will
A. increase their time taken to search for the lowest prices of goods. B. may purchase goods when they need them. C. stick to one store. D. will save more of their income.