Of all of the people who became permanent legal residents of the U.S. in 2011, about how many were sponsored by employers?
A. 5%
B. 13%
C. 25%
D. 33%
B. 13%
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The opportunity cost of a college education includes wages lost while enrolled in school.
Answer the following statement true (T) or false (F)
Starting from long-run equilibrium, a war that raises government purchases results in ________ output in the short run and ________ output in the long run.
A. lower; potential B. higher; potential C. higher; higher D. lower; higher
If a firm stops production, then its:
A. fixed costs rise. B. total costs may increase or decrease. C. variable costs drop to zero. D. All of these are true.
A society without any money:
A. would have to rely on barter. B. could never exchange goods and/or services. C. would find people doing everything for themselves. D. would be more efficient since people would be more self-sufficient.