Which of the following statements is least accurate with regard to immigration after the Civil War?
a. The number of immigrants fluctuated dramatically until World War I.
b. The proportion of immigrants from Northern and Western Europe fell dramatically.
c. The cost of crossing the Atlantic was much lower than it was in earlier decades.
d. A growing network of relatives in the US could help immigrants find jobs and places to live.
e. The majority of immigrants moved to the Midwest to take advantage of the excellent farming opportunities.
e. The majority of immigrants moved to the Midwest to take advantage of the excellent farming opportunities.
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An improvement in technology
a. will always result in a parallel shift of the production possibilities frontier b. will never result in a parallel shift of the production possibilities frontier c. will be indicated as a movement along the production possibilities frontier d. will shift the production possibilities frontier outward but not necessarily to a parallel position e. may not shift the production possibilities frontier
The welfare loss created by monopolistically competitive markets:
A. is a hotly debated topic among economists. B. is usually not a huge concern to governments. C. is a huge concern to governments. D. has a widely accepted form of measurement.