_________ percent of Americans have different residences than they did the year before.
A. 30
B. 15
C. 9
D. 22
B. 15
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Two explanations for increasing wage inequality are ________ and ________.
A. increased labor supply; a slowdown in productivity growth B. technological progress; a modernized capital stock C. increased worker mobility; transition aid D. globalization; skill-biased technological change
Suppose the country of Mooland imposes a tariff on imported beef from the country of Aqualand. As a result of the tariff, the
A) price of beef in Mooland falls. B) quantity of beef exported by Mooland increases. C) quantity of beef imported by Mooland decreases. D) quantity of beef imported by Mooland increases.
Government ownership of industries is quite uncommon
a. True b. False
Briefly describe the relationship between deadweight loss and consumer and producer surplus.
What will be an ideal response?