The Roy model concerns
A. the cost-benefit analysis of layoffs or quits.
B. specific on-the-job training.
C. the skill-selection associated with immigration flows.
D. the age-earnings profile.
E. general training.
Answer: C
Economics
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The market in which households, firms and governments buy and sell national currencies is known as
A) the foreign exchange market. B) standard drawing rights. C) the exchange rate. D) flexible exchange rates.
Economics
The accompanying figure shows Becky's daily production possibilities curve for dresses and skirts.
Of the labeled points, only ________ are efficient.
A. W, X, Y, Z, V, and T B. T and U C. X, Y, and Z D. W, X, Y, Z, and V
Economics