Almost all of the immigrants into the United States are uneducated.

Answer the following statement true (T) or false (F)


False

Economics

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Suppose that the equilibrium price and quantity of new houses both increase. Which of the following could be a cause of this change?

A) The wage paid carpenters who build new houses might have risen. B) A technological advance in framing a new house might have occurred. C) The rent for nearby apartments might have fallen. D) More home buyers might have moved into the area. E) The cost of wood framing used to build houses might have fallen.

Economics

The total amount of U.S. tax revenue needed to finance the public sector:

A. has been a declining percentage of the domestic output in this century. B. equals about 40 percent of domestic output. C. equals about 15 percent of domestic output. D. is larger today, as a percentage of total output, than in 1960.

Economics

Suppose that the market demand curve is and the market supply curve is . a. Calculate the equilibrium price and output level. b. Suppose a price ceiling of 6 is imposed. What is the new equilibrium quantity transacted in the market?

c. How does the price consumers pay (including any marginal effort costs) compare to the price firms receive? d. What is the total cost of the additional effort exerted by consumers? What will be an ideal response?

Economics

Which of the following statements regarding comparisons of productivity across two firms is true?

A. The firm with the higher APL is the more productive firm. B. The firm with the higher MPL is the more productive firm. C. The firm with the lower MPL is the more productive firm. D. The average product of labor can vary with the choice of inputs and the level of outputs, so the firm with the higher APL may not be the most productive.

Economics