According to U.S. Census Bureau data, approximately how many illegal immigrants are estimated to be living continuously in the United States?

A. 5 million.
B. 11 million.
C. 23 million.
D. 30 million.


Answer: B

Economics

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Excise taxes are

a. proportional since everyone pays the same tax rate b. progressive since richer people buy more things c. regressive since they represent a greater percent of poor people's incomes d. proportional taxes since everyone has the same tax bill e. progressive since richer people have higher tax bills

Economics

In a perfectly competitive industry the market price is $25. A firm is currently producing 10,000 units of output; average total cost is $28, marginal cost is $20, and average variable cost is $20. The firm should

A. produce less because the next unit of output decreased profit by $3. B. raise price because the firm is losing money. C. keep output the same because the firm is producing at minimum average variable cost. D. shut down because the firm is losing money. E. produce more because the next unit of output increases profit by $5.

Economics

An example of an intermediate good would be

A) a new car. B) a used car. C) the rims on a new car. D) new rims to replace old rims on a used car.

Economics

A jobless recovery occurs when

A. only low-quality jobs are created in a recovery. B. no jobs are created in an economy after a recession ends. C. employment continues to fall at the beginning of a recovery. D. most of the new jobs created in a recovery are overseas.

Economics