Since the late 1970s which of the following groups has become worse off?
a. Highly-skilled workers
b. Technical workers
c. Less-skilled workers
d. Scientists and other workers who require a lot of education
e. All types of workers
C
Economics
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In the long run, if inflation is higher in India than in the U.S., one would expect
A. the dollar to depreciate relative to the rupee B. the rupee to depreciate relative to the dollar C. the rupee to appreciate relative to the dollar D. two of the above are correct
Economics
A craze for apples in Riverdale increases the quantity demanded at every price by five bushels. Between any two prices, the new demand curve will be ____ the old demand curve
a. more elastic than b. less elastic than c. equal in elasticity to d. More information is needed to predict the relationship.
Economics