To increase the money supply, the Fed could
a. sell government bonds.
b. decrease the discount rate.
c. increase the reserve requirement.
d. None of the above is correct.
b
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Refer to the scenario above. What is the future value of Wendy's deposit after three years?
A) $2,150.91 B) $2,278.64 C) $2,382.03 D) $2,764.12
If national income is equal to zero, then consumption must also be equal to zero
Indicate whether the statement is true or false
A patent gives a single person or firm the exclusive right to sell some good or service for a specific period of time
a. True b. False Indicate whether the statement is true or false
The figure below represents the effects in the labor markets due to migration. Here, the world has been divided into a high-income "North" (left panel) and a low-income "South" (right panel). Dn and Sn are the labor demand and the labor supply curves in North. Ds and (Sr + Smig) are the labor demand and pre-migration labor supply curves in South. Sr is the post-migration labor supply curve in South. The value c is the cost of migrating.
When migration between North and South is allowed, how many workers will choose to migrate to North?
A. 40 million B. 30 million C. 20 million D. 50 million