All of the following are reasons for immigration to a foreign country, except that:
a. the domestic country may be politically repressive.
b. there is an abundance of employment opportunities in the domestic country.
c. the domestic country is economically stagnant.
d. there is no scope for upward mobility in the domestic country.
e. there are religious prosecutions.
b
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Which of the following has been the most likely effect of the Fed's credit policy?
A) Banks and other financial institutions have taken more time to recover from the 2008-2009 financial meltdown. B) The scope of asymmetric information problems in the banking industry has reduced. C) The money multiplier and the link between the money supply and the economy have become unstable. D) The federal funds rate and the discount rate have dropped to negative levels.
The free-rider problem exists for goods that are ________
A) excludable B) rival C) free D) non-excludable