Economists measure the "openness" of an economy in terms of
A) its immigration policies.
B) how often it holds free elections.
C) the percentage of foreign-born workers in its labor force.
D) how much it trades with other economies.
D
Economics
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Federal funds are
A) funds owned by the federal government. B) funds owned by the Federal Reserve. C) bank reserves that are lent overnight between banks. D) bank reserves that are lent overnight by the Federal Reserve to banks.
Economics
Which of the following describes the relationship among market price (P), average revenue (AR), and marginal revenue (MR) for a firm in monopolistic competition
a. P = AR = MR b. P > AR = MR c. P = AR > MR d. P > AR > MR e. P = AR < MR
Economics