According to the law of demand,
A) everything has its price.
B) human wants are insatiable.
C) people will do anything to obtain goods they want.
D) there are no free goods.
E) there is a negative relationship between the amount of anything people will purchase and the sacrifice that must make to obtain it.
E
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What is the overall longrun impact of labor immigration on returns to factors of production?
a. Returns to labor will increase and returns to capital will decrease. b. Returns to labor and returns to capital will both increase. c. Both relative and absolute returns to factors of production will not change. d. Both relative and absolute returns to factors of production will increase.
If interest rates rise, what will happen to the nation's exchange rate?
What will be an ideal response?