What are the positive impacts of migration on migrants and the firms that hire them?
What will be an ideal response?
Higher incomes for migrants and lower labor costs for firms
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Suppose the current exchange rate between the Chinese yuan and the United States dollar is 7 yuan per dollar. If the Fed sought to drive up the exchange rate to 8 yuan per dollar then it would
A) buy dollars. B) sell dollars. C) buy yuan. D) sell dollars and buy yuan.
The Robinson-Patman Act places restrictions on ______.
a. game theory strategies b. the Herfindahl-Hirshman Index c. the bandwagon effect d. allowable price discrimination
When firms in a competitive market are experiencing zero economic profits, this is an indication that
A. There is currently no better way to use society's scarce resources. B. Accounting losses are being experienced by these firms. C. They should be producing a different product. D. They will eventually go bankrupt.
Refer to the above figure. The marginal benefit of pollution abatement is curve
A. (1). B. (2). C. (3). D. (4).