Institutional constraints, such as immigration policies, affect the shape and location of the labor supply curve.
Answer the following statement true (T) or false (F)
True
Institutional constraints, including immigration policies, affect the shape and location of the labor supply.
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Use the information in the table above to calculate the value of net exports
A) $10 million B) $0 C) -$10 million D) $30 million
Why may a central bank intervene in the foreign exchange market when its currency is appreciating?
A) concerns about the country's exports becoming less competitive B) concerns about inflation C) concerns about imports becoming less competitive D) to sterilize the effects on the domestic economy
If the price of Chinese food decreases, then the demand for chopsticks decreases because they are complementary goods
Indicate whether the statement is true or false
Which of the following will most likely occur in the short run if long-run equilibrium is disturbed by an unanticipated decrease in aggregate demand?
What will be an ideal response?