Recent guest worker programs have involved temporary migration from
A) poor countries to richer countries.
B) poor countries to other poor countries.
C) rich countries to poor countries.
D) rich countries to other rich countries.
A
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Money prices are an extremely effective device for promoting social cooperation because
A) most people want money more than they want anything else. B) people are basically selfish. C) scarcity can be eliminated through appropriate changes in money prices. D) they don't change rapidly when circumstances change. E) they help to clarify the options available to people.
You turn to the bond market page of a newspaper and look under the column headed "Bonds" and see that it says, "Gemco 5 3/4 13" this indicates that
A. the coupon rate on this bond is 5.75 percent. B. this bond will mature 13 years from the date that it was first issued. C. the current yield on this bond is 5.75 percent. D. a and b E. all of the above
The likelihood of collusion between fims is less when markets are highly concentrated
a. True b. False
Other things being equal, the relationship between price and quantity supplied is
A. negative. B. positive. C. non-existent. D. constant.