"Remittances" occur when:
A. two countries send immigrants to each other in approximately equal numbers.
B. physical capital flows into a country that has lost labor due to migration.
C. immigrants send financial payments back to family in their country of origin.
D. migrants return to their home country.
Answer: C
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In the above figure, ________ will shift in the demand curve from D to D1
A) an increase in income if pizza is an inferior good B) a decrease in the price of a sub sandwich, a substitute for pizza C) buyers' expectation that pizza will be less expensive next week D) a scientific article published that demonstrates eating pizza is good for one's health E) a fall in the cost of producing pizza
The factor market can best be described as where
A) households buy goods and services. B) firms buy goods and services. C) firms buy the services of labor, land and capital. D) governments sell goods and services.
What is meant by an "industrial district" and what are the three main sources of the economic advantages derived from locating in such a district?
What will be an ideal response?
The money supply will grow faster through deposit creation when the required reserve ratio is:
A. high and banks hold excess reserves. B. high and banks cannot find good customers to lend to. C. low and banks are able to lend out all of their excess reserves. D. low and banks are unable to loan out all of their excess reserves.