A "two-tier" labor market in the United States refers to plenty of jobs for ________ workers and few jobs for ________ workers.
A. old; young
B. unskilled; highly-skilled
C. highly-skilled; unskilled
D. southern; northern
Answer: C
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In the above figure, if the price of pizza falls, the budget line
A) rotates outward and becomes steeper. B) shifts leftward and its slope does not change. C) shifts rightward and its slope does not change. D) rotates inward and becomes flatter.
The World Bank was created to help finance economic development in poor countries
a. True b. False Indicate whether the statement is true or false
As price falls, quantity demanded
A. rises. B. falls. C. remains the same.
Suppose that a country with a closed economy opens itself to international trade and becomes a net exporter. In that case, domestic suppliers will supply ________ of that good after it opens itself to international trade.
A. same amount B. more C. less D. none