Does the movement of workers from other countries to the U.S. affect the demand for labor in the U.S., or does it affect the supply of labor in the U.S.?
The movement of workers affects the supply of labor in the U.S.
Economics
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Changes in the health of the average person are relatively unimportant as an indicator of changes in the standard of living
Indicate whether the statement is true or false
Economics
The most plausible way to produce a continuous increase in the standard of living within the Solow growth model is to assume
A) continuous technological improvement. B) a positive rate of population growth. C) a zero rate of depreciation. D) continuous increases in the national saving rate. E) continuous growth in the capital stock.
Economics