________ would likely oppose policies that allowed foreign workers to immigrate more freely
A) Domestic labor
B) Domestic capital
C) Both domestic labor and capital
D) Neither domestic labor nor capital
A
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In the presence of positive production externalities, a monopolist might produce the efficient output level.
Answer the following statement true (T) or false (F)
In the above figure, along which range would total revenue rise by raising prices?
A) between point a and point b B) between point c and point d C) between point d and point e D) above point a
In the text, U.S. and Mexico specialize in the production of corn and oil, respectively. They trade and both end up with more corn and oil. How much each gains from trade depends on
a. who has the comparative advantage b. who has the absolute advantage c. how efficiently the U.S. and Mexico produce corn and oil d. the import/export ratio e. the price of oil in terms of corn
An automatic stabilizer...
What will be an ideal response?What will be an ideal response?