Common causes for a backflow in migration include the following, except:
A. Expected gains in the new country are exceeded by actual gains
B. Living costs in the new country are higher than expected
C. Costs of being away from family and friends are greater than expected
D. Anticipated jobs and promotions are not found in the new country
A. Expected gains in the new country are exceeded by actual gains
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The free-rider dilemma is associated with:
A.) Private goods. B.) Public goods. C.) Externalities. D.) Market power.
Suppose the price of gold is $300 per ounce in the United States and 2,400 pesos per ounce in Mexico. If purchasing power parity holds and if the price of oil is 200 pesos per barrel in Mexico, the price of oil is ________ per barrel in the United States.
A. $80 B. $25 C. $36 D. $1,600
Using a graph above, show the short-run and long-run effects of an expansionary monetary policy.
What will be an ideal response?
A stock mutual fund is generally
A) less risky than buying individual stocks. B) more risky than buying individual stocks. C) just as risky as buying individual stocks. D) a way for the rich to avoid taxes.