Because the applications for "diversity immigration" into the U.S. far exceed the quota every year, the slots are filled through:
A. An annual lottery
B. A first-come-first-served system
C. A bidding system, allocation through prices
D. Political connections
A. An annual lottery
Economics
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In 2010 the U.S. economy's inflation rate was higher than its unemployment rate
a. True b. False Indicate whether the statement is true or false
Economics
When voting mechanisms substitute for the market mechanism in allocating resources, we are relying on
A. Cost-benefit analysis. B. Public choice theory. C. Opportunity cost analysis. D. Ballot box economics.
Economics