An increase in market demand for a product in a competitive market will raise profits for firms currently in the market

The Federal Reserve pursued an expansionary monetary policy during 1964 in order to

A) pull the United States out of a deep recession. B) counteract the effects of a deep cut in federal income taxes. C) keep interest rates from rising. D) bring down the inflation rate.

What happens to the labor supply curves in both countries when Mexican workers leave Mexico and move to the United States?

a. Labor supply decreases in Mexico and decreases in the United States. b. Labor supply increases in the United States and increases in Mexico. c. Labor supply increases in the United States and decreases in Mexico. d. Labor supply increases in Mexico and decreases in United States.