Indians and Indian-Americans have played a pivotal role in powering Silicon Valley's digital revolution. The emigration of talented people from countries like India to countries like the United States is often called:
A. credentialism.
B. the brain drain.
C. Malthusianism.
D. outsourcing.
Answer: B
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What is the output level predicted by the Cournot model? Discuss this in terms of the different market models that have been surveyed so far
What will be an ideal response?
In order to understand how the economy works in the short run, we need to
a. study the classical model. b. study a model in which real and nominal variables interact. c. understand that "money is a veil.". d. understand that money is neutral in the short run.
Which of the following statements is not true according to the National Center for Health Statistics?
a. Almost 15 percent of all Medicaid spending is attributable to tobacco use of one kind or another. b. Alcohol- and smoking-related illnesses are associated with over 500,000 deaths annually. c. Smoking prevalence among 18-24-year-olds is rising. d. The average smoker in the U.S. has a life expectancy that is almost 10 years shorter than the average non-smoker's. e. There is very little difference in the prevalence of smoking between males and females worldwide
If the law of diminishing marginal product holds true and workers emigrate from Haiti, the wage rate of workers who remain in Haiti would be expected to:
A. fall because fewer workers are working with the same amount of capital. B. rise because fewer workers are working with the same amount of capital. C. rise because more workers are working with the same amount of capital. D. fall because more workers are working with the same amount of capital.