Discrimination ________ the group being discriminated against and ________ the group being favored
A) decreases the demand for; increases the demand for
B) increases the demand for; decreases the demand for
C) decreases the supply of; increases the supply of
D) increases the supply of; decreases the supply of
A
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From 2000 to 2009, the net annual inflow of illegal immigrants has averaged about:
A. 250,000 per year B. 500,000 per year C. 750,000 per year D. 1 million per year
A decrease in the expected inflation rate will
A) increase the inflation rate. B) shift the short-run Phillips curve to the left. C) increase the unemployment rate. D) shift the short-run Phillips curve to the right.
Opportunity cost exists because of
A) poverty. B) scarcity. C) greed. D) self-interest.
Describe the policy ineffectiveness proposition (PIP). Be sure to state which economic theory the PIP is associated with and the assumptions that are necessary for this argument to hold