Those living in the poorest quartile of countries would like to emigrate because:
A. earnings are higher for the same skill level in richer countries.
B. the opportunities to gain more education are higher in richer countries.
C. the cost of living is lower in richer countries.
D. All of these statements are true.
A. earnings are higher for the same skill level in richer countries.
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When the production of a good has an external cost, the
A) marginal social cost curve lies below the marginal private cost curve. B) marginal social benefit curve lies above the marginal private benefit curve. C) equilibrium quantity in an unregulated, competitive market has a marginal social cost greater than the marginal social benefit. D) equilibrium quantity in an unregulated, competitive market has a marginal social cost less than the marginal social benefit.
Distinguishing between stock measures and flow measures, the flow measures are
A) the labor force only. B) the number of people who lost their jobs and the number of people who found jobs only. C) the total number of people who are unemployed only. D) the total number in the labor force and the total number of people who are unemployed only.