Which of the following is not a cost of illegal immigration in the U.S.?
a. The adverse impact on unskilled workers
b. The damage to national property caused during the process of immigration
c. Additional expenditure on healthcare at emergency clinics and hospitals
d. Expenditure on public education on the children of immigrants.
e. Expenditure on employment insurance programs for the illegal immigrants.
e
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A perfectly competitive firm's short-run supply curve is
A) its marginal cost curve above the shutdown point. B) its average total cost curve above the minimum of the average variable cost. C) its average variable cost curve above the breakeven point. D) horizontal at the market price.
Transactions costs are
A) zero in financial markets. B) zero in financial intermediaries. C) the costs of direct financial transactions. D) equal to the taxes imposed on financial transactions.
Is the following a positive or normative statement? The federal minimum wage is lower than many state minimum wages
What is the opportunity cost of going from point E to point D?
