The environmental protectionist argument holds that US corporations overseas must abide by the environmental protection laws of the host nation.

True/False

If there is an aspect of Americana (American culture) that is in danger of disappearing e.g. US farming, the US government will step in to protect it.

True/False

The existence of 12 million illegal immigrants in the US argues for the fact that some employers are finding illegal immigrant labor profitable.

True/False

Income inequality in the United States has dropped in the last half century.

True/False

The marginal product is the additional amount of goods generated by using one more unit of work.

True/False

The provision of university education through taxpayer-supported state universities is another example of a market with a third-party payer.

True/False

The law of diminishing returns holds that the marginal revenue derived from additional units of labor increases as quantities of labor increases.

True/False

Mergers can be an opportunity for labor reduction as one manager and/or one department can now manage two organizations.

True/False