Which of the following pairs of nations received the most remittances from their emigrants in 2011?
A. Mexico and Egypt.
B. China and India.
C. Pakistan and Iran.
D. Vietnam and Thailand.
Answer: B
Economics
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The unemployment rate is higher with a minimum wage law than it would be without a minimum wage law
Indicate whether the statement is true or false
Economics
Suppose the economy is on the intermediate range of the aggregate supply curve. Which of the following would reduce both real GDP and the price level?
a. A decrease in aggregate supply. b. An increase in aggregate supply. c. A decrease in aggregate demand. d. An increase in aggregate demand.
Economics