Compared to IACs, LDCs are often characterized by:
A. higher life expectancy.
B. higher adult literacy rates.
C. higher daily calorie supply.
D. lower per capita energy consumption.
Answer: D
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Wage discrimination means workers with equal productivity are paid unequal wages, or workers with unequal productivity are paid equal wages
a. True b. False Indicate whether the statement is true or false
Which of the following statements is most accurate about the effects of migration?
A. Migration generally benefits the mover, but there is a net efficiency loss to the world. B. Migration generally benefits everyone in both the origin and destination nations. C. Migration generally benefits the mover and creates a net efficiency gain for the world. D. Remittances cause the gains from immigration to be distributed unevenly.
Refer to the graph. The risk premium for an asset with a beta equal to X would be:
A. Z B. A plus B C. Z minus B D. Z minus A
Double taxation of saving may
A. reduce the rate of economic growth. B. increase the national debt. C. increase the rate of investment. D. increase the saving rate.