With respect to the demand side, the Keynesian model
a. includes monetary factors.
b. provides a role for government spending and taxes.
c. includes autonomous investment.
d. All of the above
e. None of the above
D
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Refer to the figure. If more criminals are in the mix of potential immigrants, how will this affect the optimal quantity of immigrants?
A. It will increase MC and reduce the optimal quantity.
B. It will increase MC and raise the optimal quantity.
C. It will lower MC and raise the optimal quantity.
D. It will lower MC and reduce the optimal quantity.
Economic freedom is crucial for achieving economic growth because ______.
A. it gives the incentive to save, invest, expand human capital, and discover and apply new technologies B. it ensures that the majority of citizens make the most important decisions C. only good government can make the right investment decisions D. it protects workers' rights and prevents unfair firing E. it upholds democracy, which is essential if an economy is to grow