Indians and Indian-Americans have played a pivotal role in powering Silicon Valley's digital revolution. The emigration of talented people from countries like India to countries like the United States is often called:

A. credentialism.
B. the brain drain.
C. Malthusianism.
D. outsourcing.


Answer: B

Economics

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A. Medicaid, regardless of income or wealth. B. Medicaid, but only for the poor. C. Medicare, Part A. D. Medicare, Part B.

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The self-correcting tendency of the economy means that rising inflation eventually eliminates:

A. unemployment. B. exogenous spending. C. recessionary gaps. D. expansionary gaps.

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Which of the following will NOT shift the Keynesian short-run aggregate supply curve?

A) a change in input prices B) a change in technology C) a change in the price level D) a change in profit expectations

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Positive externalities can be internalized using persuasion, but persuasion is not effective with negative externalities.

Answer the following statement true (T) or false (F)

Economics