People leave their home country and go to another country to live primarily because they seek a higher quality of life

a. True
b. False
Indicate whether the statement is true or false


True

Economics

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The optimal hiring rule is to keep hiring laborers until the ________ of the last laborer hired

a. wage rate = MLC b. wage rate = MPP c. wage rate = MR d. wage rate = MRP e. wage rate = TLC

Economics

Government outlays

What will be an ideal response?

Economics

The idea that people will not consciously make decisions that make them worse off is known as

A) rationality assumption.
B) the decision duality.
C) Adam Smith's doctrine.
D) incentive assumption.

Economics

Recall the Application about the production of coffee in China to answer the following question(s).According to the Application, farmers in the city of Pu'er, China currently earn more growing ________ than they do growing ________.

A. tea; coffee B. rice; coffee C. coffee; tea D. rice; tea

Economics