An American citizen works for a U.S.-owned architectural firm located in Mexico. This architect will contribute toward:

A. U.S. GDP since he's a U.S. citizen.
B. U.S. GDP since he's working for a U.S. firm.
C. Mexico's GDP since he's working in Mexico.
D. both Mexico's and U.S. GDP.


C. Mexico's GDP since he's working in Mexico.

Economics

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Answer the following statements true (T) or false (F)

1. All illegal immigrants enter the U.S. and arrive here illegally. 2. Current U.S. immigration law is heavily weighted toward family reunification. 3. There was a big spike in legal immigration into the U.S. in 1989-1991, resulting from an amnesty program through which many formerly illegal immigrants became legal residents. 4. In 2011, refugees comprised a bigger portion of total legal immigration into the U.S. than employment-based immigrants.

Economics

If the yen appreciates in value against the dollar, the dollar must have depreciated against the yen

Indicate whether the statement is true or false

Economics

The perfectly competitive firm's total revenue curve

A) is linear and upward sloping. B) has a constant slope. C) has a positive slope. D) all of the above.

Economics

The legal reserve requirement that banks must adhere to is set by

a. Congress b. the FDIC c. the Treasury Department d. the banking system e. the Federal Reserve

Economics