Total revenue is equal to quantity multiplied by average revenue

Economist George Borjas has estimated the net benefits (+)/costs (-) to the United States from labor immigration to be approximately:

a. +10% of GDP. b. -5% of GDP. c. +0.1% of GDP. d. 0.5% capital loses and 0.8% labor gains.

A rise in Durable Goods Orders should send bond prices __________ and stock prices __________

A) up; up B) up; down C) down; up D) down; down