Who would be most likely to move from Europe to the New World in the early 1600s?
a. A 19 year-old, first born son with many skills
b. A 37 year-old skilled carpenter
c. A 17 year-old from a poor family
d. A 21 year-old woman
e. An unskilled laborer with a wife and two children
c. A 17 year-old from a poor family
Economics
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Economics is most precisely defined as
A) a study of what people need to survive. B) a study of how culture evolves in different geographic areas. C) the same as the study of finance and management. D) the study of how people make choices.
Economics
If Lauren's substitution effects outweigh her income effects, her labor supply curve will
A. Appear vertical. B. Bend backward. C. Slope upward. D. Appear horizontal.
Economics