The unskilled wage rate in a country will probably decline if
A. the demand for unskilled workers increases.
B. the aggregate demand for goods and services increases in the country.
C. corporate taxes are lowered by the government.
D. there's increased immigration of low-skilled workers.
Answer: D
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Refer to the information provided in Figure 2.5 below to answer the question(s) that follow.
Figure 2.5Refer to Figure 2.5. For this economy to move from Point A to Point B, ________ additional OLED TVs could be produced when the production of LCD TVs is reduced by 30.
A. exactly 20 B. more than 20 C. fewer than 20 D. exactly 90
What is the main purpose of the Federal Open Market Committee (FOMC)?
What will be an ideal response?
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