Legal immigration to the United States peaked just before World War I, but today is almost zero
Indicate whether the statement is true or false
FALSE
Explanation: Immigration numbers are currently around 800,000 per year.
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As the price of a product falls, the demand for the product increases, ceteris paribus.
Answer the following statement true (T) or false (F)
Savings are transferred from savers to borrowers through the following intermediaries, except
A. Mutual funds B. Pension funds C. Real estate brokers D. Insurance companies
A firm currently has 5 workers each paid $15 per hour. If it decides to hire a 6th worker, the hourly wage increases to $18 for all workers. What is the marginal cost of hiring the 6th worker?
a. $3 b. $18 c. $15 d. $33
Which of the following is a defining characteristic of a public good?
a. It is produced and distributed by the government. b. The decision to produce it is made by the public through the voting process. c. It is produced and distributed by private firms according to government regulations. d. It is freely available to everyone once it is produced. e. It is purchased by one government agency from another government agency.