As a result of an increase in the enforcement of illegal immigration laws, the demand for labor will ________, the supply of labor will ________, and the real wage will ________
A) remain the same; decrease; increase B) decrease; increase; remain the same
C) increase; decrease; remain the same D) remain the same; increase; decrease
A
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The investment demand curve indicates that there is a(n):
A. positive relationship between the real interest rates and the level of investment spending, all other things equal. B. inverse relationship between the real interest rates and the level of investment spending, all other things equal. C. inverse relationship between the determinants of investment and the level of investment spending, holding interest rates constant. D. direct relationship between the real interest rates and the level of investment spending, all other things equal.
An individual wanting the most liquid asset possible will hold
A) currency. B) a savings account. C) gold. D) U.S. government bonds.
Which of the following is true of a natural monopoly?
a. If regulated, the firm will have a higher level of output than an unregulated firm, whether the regulation is based on average cost, marginal cost, or normal profit. b. If regulated, the firm will have a lower level of output than an unregulated firm, whether the regulation is based on average cost, marginal cost, or normal profit. c. If regulated, the firm that is only allowed a normal profit will be allowed to charge a price in excess of its average cost. d. If regulated, the firm that is only allowed a normal profit will be allowed to produce more than a firm that must set a price equal to its marginal cost. e. If regulated, the firm that is only allowed a normal profit will be allowed to produce more than a firm that must set a price equal to its average cost.
The subprime mortgage bubble featured ____ leverage, and the technology stock bubble featured ____ leverage.
A. significant; significant B. significant; limited C. limited; significant D. limited; limited