According to the best evidence, immigration in the U.S.:
A. Raises the wages of low-skilled native-born workers and decreases the salaries of highly-skilled native born workers
B. Increases the wages of both low-skilled native-born workers and highly-skilled native born workers
C. Reduces the wages of low-skilled native-born workers and increases the salaries of highly-skilled native born workers
D. Reduces the wages of low-skilled native-born workers and may decrease the salaries of highly-skilled native born workers
D. Reduces the wages of low-skilled native-born workers and may decrease the salaries of highly-skilled native born workers
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Given the equations for C, I, G, and NX below, what is the marginal propensity to consume?
C = 1,000 + 0.8Y I = 1,500 G =1,250 NX = 100 A) 0.2 B) 0.8 C) 1.8 D) 10
Which of the following games will have a solution in mixed strategies?
a. A price-fixing game b. A Prisoner's dilemma c. A drafting game used by racing cars. d. A product choice game with asymmetric profits
If the price level in any country increases by 15 percent during a year, then the price index for that year will be 85 as compared to the base year
a. True b. False Indicate whether the statement is true or false
A useful rule of thumb called the "Rule of 70" states that if something grows at a constant rate of Z percent per year, it doubles in size approximately every __________ years
A) 70 - Z B) 70/Z C) Z/70 D) 70 × (Z/100)