"Job-seeking immigration brings net economic benefits not only to the immigrants, but also to the receiving country overall." But there are winners and losers within the receiving country. Who among the following can be considered as a winner within the receiving country?
A. The households who want to rent the same kinds of apartments the immigrants want to rent.
B. The workers who compete with the immigrants for jobs
C. The consumers who buy the products that the immigrants help to produce
D. None of these options are correct.
Answer: C
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Prices of industrial products and wages tend to be the most "flexible."
Indicate whether the statement is true or false
Suppose that Samsung, a South Korean corporation, issues bonds denominated in dollars. These are called
A) foreign exchange bonds. B) Eurobonds. C) shell bonds. D) IBFs.
Show that the following preferences are not consistent for a rational individual
i. An individual when confronted with prices of p1 = $4 and p2 = $8 chooses q1 = 1 and q2 = 5. ii. The same individual facing prices of p1 = $6 and p2 = $9 chooses q1 = 5 and q2 = 3.
Which of the following is a possible solution to the adverse selection problem?
a. Screening b. Signaling c. All of the above d. None of the above