Given their skills and education, American workers in hostile regions such as Iraq earn higher incomes than American workers in the homeland. This is partly because:
A. American workers in Iraq face a higher risk of getting kidnapped and killed.
B. jobs in Iraq in general require more education.
C. the U.S. government restricts the number of American workers to work in Iraq.
D. only a few people have the skills necessary for jobs in Iraq.
Answer: A
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A. 10.0% B. 8.0% C. 28.0% D. 7.2%
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Describe some of the potential problems with using expansionary fiscal policy
What will be an ideal response?
On a graph with time on the horizontal axis and real GDP per capita on the vertical axis, the income levels of poorer countries are
a. diverging more from the incomes of rich countries. b. maintaining a constant gap with the incomes of richer countries. c. crossing the line representing richer countries. d. coming closer to the line representing richer countries.