Which of the following is not likely to prevent some people from migrating?
A. having a teenage child who does not want to change high schools
B. not wanting to leave their family and friends
C. not wanting to face high financial costs associated with migrating
D. having a spouse who has a very well-paying job in the current location
E. having a lucrative job offer in a different city
Answer: E
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The current exchange rate system has which of the following characteristics?
A) The countries of the European Union have adopted the gold standard. B) Several developing countries in Asia have adopted the Bretton Woods system. C) The United States allows the dollar to float against other major currencies. D) The current global foreign exchange system is a fixed system. E) All developing countries allow their currencies to float against the dollar and other major currencies.
Refer to Table 18-1. Suppose a series of votes are taken in which each pair of alternatives is considered in turn. If the vote is between allocating funds to research on Alzheimer's and increased border security
A) Jasmine and Rose vote for Alzheimer's research, Ivy votes for increased border security, and Alzheimer's research wins. B) Ivy and Jasmine vote for Alzheimer's research, Rose votes for increased border security, and Alzheimer's research wins. C) Jasmine and Ivy vote for increased border security, Rose votes for Alzheimer's research, and increased border security wins. D) Ivy and Rose vote for increased border security, Jasmine votes for Alzheimer's research, and increased border security wins.
Which of the following statements is true? a. A firm that has monopoly power is a price maker
b. A firm that has monopoly power is a price taker. c. A firm that has monopoly power earns exorbitant profits. d. A firm that has monopoly power has a perfectly elastic demand curve. e. A firm that has monopoly power has a perfectly inelastic demand curve.
In a competitive economy with no government sector: a. goods with spillover benefits will not be produced at all. b. there will be too few public goods produced
c. goods with spillover costs will be underproduced. d. too few resources be allocated to each industry.