Of the 10% of the U.S. work force with advanced (Master's, other professional, and Ph.D.) degrees, the share of those who are foreign born is:

a. more than 50%.
b. between 16 and 40%.
c. less than 15%.
d. less than 5%.

Answer: b. between 16 and 40%.

Economics

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Which of the following will be least effective in dealing with the structural adjustment problems?

A. A fall in domestic labor costs B. Trade restrictions that raise foreign goods prices C. A rise in foreign labor costs D. A fall in foreign goods prices

Economics

The self-correcting property of the economy means that output gaps are eventually eliminated by:

A. increasing or decreasing potential output. B. government policy. C. decreasing inflation only. D. increasing or decreasing inflation.

Economics