The new growth theory explains why foreign students choose to study in

A. the United Kingdom.
B. Singapore.
C. the United States.
D. China.


Answer: C

Economics

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Refer to Supply and Demand. The social gain from a draft is represented by

The following questions refer to the accompanying graph, which shows the supply and demand for military service where Q0 represents the quantity provided by a volunteer army and Qd the quantity provided by a draft.

a. areas A + B + F.
b. areas A + B + F - E.
c. areas B + F.
d. Areas A + B + C + D.

Economics

The primary purpose of the Federal Open Market Committee (FOMC) is to: a. set reserve requirements

b. extend loans to member banks of the Fed. c. buy and sell government securities. d. distribute Federal Reserve notes. e. enforce bank regulations.

Economics

Which of the following is correct?

a. Incomes tend to be high for young workers. b. Incomes tend to rise sharply at retirement. c. Incomes tend to peak at around age 50. d. Current income is more equally distributed than permanent income.

Economics

For Christmas travel, prices have been up about __% this year compared with last year

Fill in the blank(s) with the appropriate word(s).

Economics