How much money did migrant workers send home in 2010?
a. $200 billion
b. $300 billion
c. $400 billion
d. $500 billion
b
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The credit demand curve is the schedule that reports the relationship between the quantity of credit demanded and ________ in an economy, assuming all else equal
A) the average tax rate B) the annual inflation rate C) the nominal rate of interest D) the real rate of interest
If the federal government budget deficit increases, then interest rates will _____, the U.S. dollar will _____, and the foreign trade deficit will _____
a. increase; depreciate; decrease b. increase; appreciate; increase c. increase; depreciate; increase d. decrease; appreciate; increase e. decrease; depreciate; decrease
Under price discrimination, a monopolist equates the marginal cost with the average revenues in different markets
a. True b. False Indicate whether the statement is true or false
A country can gain by importing a good that it can make itself if
a. this enables the country to make another good in which it is extremely efficient. b. it has an absolute disadvantage in the good. c. this permits the country to establish comparative advantage in the good. d. All of the above are correct.