The "Walker thesis," that falling birth rates among native-born Americans was due to immigration, is reinforced by the view that immigrants were a direct capital transfer from Europe to America

Indicate whether the statement is true or false


True

Economics

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Suppose a decrease in demand causes the price to decrease from $4 to $3 and the quantity to decrease from 1,000 to 700. Using the midpoint method, the elasticity of supply equals

A) 0.81. B) 1.24. C) 2.83. D) 0.18. E) None of the above answers is correct.

Economics

When the Fed buys $100 worth of bonds from a primary dealer, reserves in the banking system

A) increase by $100. B) increase by more than $100. C) decrease by $100. D) decrease by more than $100.

Economics

Since classical economists believe that both V and Q are constants for an economy in short-run equilibrium, the equation of exchange becomes a theory in which:

A. the quantity of money explains prices. B. the quantity of money explains velocity. C. the quantity of money explains real GDP. D. changes in M cause changes in V.

Economics

Recall the Application about reducing pollution generated from international shipping to answer the following question(s).Recall the Application. Of the following CO2 reduction methods for international shipping, which has the lowest marginal abatement cost (MAC)?

A. weather-sensitive routing B. switching from diesel to gas-powered engines C. reducing speed and increasing fleet size D. installing fixed sails and wings

Economics