A price ceiling will be binding only if it is set
a. equal to the equilibrium price

Migration from poor to rich countries hurts poor countries through

a. loss of educated individuals b. residents sending money abroad to migrants c. tightening job markets at home d. opening executive jobs to workers from developed countries e. all of the above

In any country, the population will generally be better off as long as the ____ over time and population ____

a. quantity and quality of output decreases; does not increase faster than real output b. quantity and quality of output increases; increases faster than real output c. quantity and quality of output increases; does not increase faster than real output d. technology improves; increases faster than real output