Most immigration is the result of immigrants migrating to
A. avoid political persecution in their home countries.
B. flee civil unrest in their home countries.
C. obtain jobs at a higher rate of pay than they can receive in their home countries.
D. take advantage of entitlement programs in the destination country.
Answer: C
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The Federal Reserve System consists of which of the following?
A. Federal Deposit Insurance Corporation and Controller of the Currency B. Board of Governors and the 12 Federal Reserve Banks C. U.S. Treasury Department and Bureau of Engraving and Printing D. Federal Open Market Committee and Office of Thrift Supervision
To achieve the optimal provision of public goods, the
a. market should be allowed to arrive at an equilibrium without government intervention. b. government must limit the provision of the goods. c. government must tax producers of the goods. d. government must either provide the goods or subsidize their production.
We would expect which of the following to occur when the central bank pursues contractionary monetary policy?
A) an increase in bond prices and an increase in the interest rate (i) B) a reduction in bond prices and an increase in i C) an increase in bond prices and a reduction in i D) a reduction in bond prices and a reduction in i E) none of the above
The Uruguay Round of GATT negotiations completed in late 1993:
A. established a free trade zone between the United States and Mexico. B. made the Russian ruble convertible into other currencies. C. created the European Union (EU). D. created international protections for intellectual property such as patents, copyrights, and trademarks.