Four years ago Ollie deposited some money into an account. He earned 5 percent interest on this account and now it has a balance of $303.88 . About how much money did Ollie deposit into his account when he opened it?

a. $210
b. $220
c. $240
d. $250

d

Economics

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Suppose a U.S. computer company outsources its technical-support services to India. This will cause

A) the demand for labor in the United States to fall, lowering U.S. wage rates, and the demand for labor in India to increase, increasing Indian wage rates. B) the demand for labor in the United States to increase, lowering U.S. wage rates, and the demand for labor in India to fall, increasing Indian wage rates. C) the demand for labor in the United States to fall, lowering U.S. wage rates, and the demand for labor in India to fall, decreasing Indian wage rates. D) the demand for labor in the United States to increase, increasing U.S. wage rates, and the demand for labor in India to fall, decreasing Indian wage rates.

Economics

A closed shop

A. is an arrangement unions have with employers limiting employment to union members only. B. is one in which union workers cannot be hired. C. allows a firm to close its doors at will. D. is legal in the United States.

Economics