Emigration causes __________ in the capital-labor ratio and __________ in the return to capital.

A market failure occurs when:

a. the market outcome is viewed as unfair by a majority of consumers. b. a market fails to provide the good at a zero price. c. quantity demanded exceeds quantity supplied. d. the market outcome is not the socially efficient outcome. e. prices are determined by the interaction of the forces of demand and supply and not through central planning.

According to the speculative demand for money, as interest rates fall, the quantity demanded of money will rise

Indicate whether the statement is true or false