Which of the following individuals is most likely to migrate to Switzerland, assuming that all face equally good prospects of securing a good job after arrival?
A. Ricardo is 25 years old, single, and currently lives in Italy.
B. Ivan is 50 years old, married, and currently lives in Russia.
C. Maria is 40 years old, married with three children, and currently lives in Mexico.
D. Tran is 35 years old, single, speaks only Vietnamese and a little English, and currently
lives in Vietnam.
Answer: A
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Today _________ countries generate average income levels that approach the earnings of free Americans on the eve of the revolution
a. no b. relatively few c. many d. most
The prisoner's dilemma arises when people have an incentive to let others pay for the public good and then take advantage of those purchases made by others
a. True b. False Indicate whether the statement is true or false
Does a firm's decision to spend money on celebrity endorsers signal the quality of their product?
A. Yes, firms who know that they have less appealing product would not spend lots of money on advertising, because they know they won't get their investment back. B. Yes, firms who know that they have less appealing product will spend lots of money on advertising, because they know they hope to get their investment back. C. Yes, firms who know that they have a more appealing product would not spend lots of money on advertising, because they know they know they will sell the product anyway. D. Yes, firms who know that they have more appealing product would spend spend lots of money on advertising, even though they know they won't get their investment back.
Refer to the table. If a bank has checkable deposits of $45 million and reserves of $2 million, then its excess reserves are:
A. $0.35 million
B. $0.65 million
C. $1.35 million
D. $1.65 million