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

A

Economics

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In the figure above, assume that output is $10.5 trillion, while potential output is $12 trillion. If there is no policy intervention, we should expect ________

A) rightward shifts of IS & AD, so that both output and inflation rise B) a decrease in inflation to shift the MP curve, raising the real interest rate C) declines in both the inflation rate and the real interest rate as output rises D) a decrease in inflation to shift the AD curve, causing output to rise E) none of the above

Economics

Labor resources include:

a. skilled workers but not unskilled workers. b. unskilled workers but not skilled workers. c. a robot. d. education and training of workers. e. coffee breaks.

Economics