Differences in what can explain the wage gap between U.S.-born and foreign-born workers?

If the price of gasoline fell from $2.95 to $2.85 per gallon, your expenditure on gasoline would increase if your price elasticity of demand for gasoline equals

A) 1.1. B) 1.0. C) 0.9. D) Total revenue would increase at all of the above elasticities.

The major difference between the Keynesian approach and the monetarist approach is that

a. Keynesian analysis explains an equilibrium condition and monetarism does not. b. in Keynesian analysis, money affects the economy by first affecting interest rates; monetarist analysis is not limited to working through interest rates. c. monetarism explains an equilibrium condition and Keynesian analysis does not. d. there are no differences.