When the U.S. cuts funding for border patrol, the labor market in California is affected. We would expect the:
A. supply of labor to shift to the left.
B. demand for labor to shift to the left.
C. demand for labor to shift to the right.
D. supply of labor to shift to the right.
Answer: D
Economics
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Exports ________ GDP and imports ________ GDP
A) decrease; decrease B) decrease; increase C) increase; increase D) increase; decrease
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What factors can start a cost-push inflation? What must the Fed's response be for the inflation to continue?
What will be an ideal response?
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