Less labor per unit of capital Approximately the same level as developing countries Recent events have led some observers to suggest that the European Central Bank should buy large quantities of bonds . We should expect to see: Bond prices go down. Interest go up Neither a nor b Both a and b GNP in Country will be larger than GDP if Country X lets immigrants freely enter the country and they send money home Country X lets foreign companies mine gold Country X earns profits on stock holdings in country Y All of the above None of the Which of the following arguments is correct and also does NOT support free immigration? The free flow of labor changes the skill distribution in the target country. The inflow of unskilled labor can take jobs away from low-skilled and low-income locals, increasing unemployment The free flow of labor decreases inefficiency and therefore decreases world output. More immigrants mean more workers which means the PPF is pushed out. All of above None of above Only A & B When U.S. prices are rising relative to those in the rest of the world: U.S exports tend to decrease. U.S exports tend to increase. U.S imports tend to decrease. None of the
Less labor per unit of capital Approximately the same level as developing countries Recent events have led some observers to suggest that the European Central Bank should buy large quantities of bonds . We should expect to see: Bond prices go down. Interest go up Neither a nor b Both a and b GNP in Country will be larger than GDP if Country X lets immigrants freely enter the country and they send money home Country X lets foreign companies mine gold Country X earns profits on stock holdings in country Y All of the above None of the Which of the following arguments is correct and also does NOT support free immigration? The free flow of labor changes the skill distribution in the target country. The inflow of unskilled labor can take jobs away from low-skilled and low-income locals, increasing unemployment The free flow of labor decreases inefficiency and therefore decreases world output. More immigrants mean more workers which means the PPF is pushed out. All of above None of above Only A & B When U.S. prices are rising relative to those in the rest of the world: U.S exports tend to decrease. U.S exports tend to increase. U.S imports tend to decrease. None of the
ECON1120_2011fall_final_with_answerKey.docx