Since the end of the 2008-2009 recession, remittances from illegal immigrants in the United States to Mexico
A. began to noticeably decrease.
B. have begun to increase.
C. did not noticeably change.
D. continued to fall.
Answer: B
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The following table contains the actual prices charged by four Web sites for the PlayStation 4 game Call of Duty; Black Ops III in November 2015
Target $59.99 Walmart 59.00 Best Buy 59.99 GameStop 59.99 Explain whether the information in this table contradicts the law of one price.
The law of supply states that there is
A) an inverse relationship between price and technology, ceteris paribus. B) a direct relationship between profit and quantity supplied, ceteris paribus. C) no relationship between price of resources and number of suppliers, ceteris paribus. D) a direct relationship between price and quantity supplied, ceteris paribus.
Expansionary fiscal policy may have an even smaller effect on aggregate demand in the open economy than a closed economy
a. True b. False Indicate whether the statement is true or false
In the long run, a perfectly competitive firm maximizes profit so P = MC = AC
a. True b. False Indicate whether the statement is true or false