Refer to the given figure and assumptions. Assume initially that government does not effectively block illegal immigration. If the government then finds a way to prevent all illegal immigrants from working in this labor market:
Assumptions: (1) Employers in this market are willing and able to ignore minimum wage laws;
(2) S d represents the supply of domestic-born (and legal immigrant) workers; (3) S t represents
the total supply of workers in this labor market (S d plus illegal immigrants); and (4) unless
otherwise stated, illegal immigration is not effectively blocked by the government.
A. 10,000 domestic-born workers will gain employment at the expense of 20,000 illegal
immigrants.
B. 20,000 domestic-born workers will gain employment at the expense of 20,000 illegal
immigrants.
C. 10,000 domestic-born workers will gain employment at the expense of 70,000 illegal
immigrants.
D. 10,000 domestic-born workers will gain employment at the expense of 50,000 illegal
immigrants.
A. 10,000 domestic-born workers will gain employment at the expense of 20,000 illegal
immigrants.
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Refer to Figure 17-2. The nonaccelerating inflation rate of unemployment, or NAIRU, is associated with which point rate in the figure above?
A) A B) B C) C D) all of the above
Loopholes reduce the efficiency of the tax system.
Answer the following statement true (T) or false (F)
Which of the following could increase the labor-supply curve for computer-repair technicians?
a. an increase in the wages paid to computer-repair technicians b. an increase in immigration c. a change in the work preferences of men, with more of them preferring to be stay-at-home fathers d. an increase in the wages paid to television-repair technicians
Where was the Climate Summit held in December 2009?
a. Brussels b. New York c. Seattle d. Copenhagen