Illegal immigration has been shown to have an overall negative fiscal impact on local and state governments. Describe the fiscal benefits and cost of illegal immigration for local and state governments
What will be an ideal response?
The benefits of illegal immigration for local and state governments are limited to collections of sales and property taxes. On the other hand, the costs associated with illegal immigration are large for local and state governments as immigrants place their children in local schools, use local emergency medical care and add to the cost of the criminal justice system. A recent estimate of the fiscal burden of illegal immigrants is $50 billion annually.
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In what way does this map serve as an abstraction?
Zoom out to the highest level. How does this affect the level of abstraction? When would each type of map be most useful? Generalize this argument by discussing the level of abstraction needed for alternative economic models.
The market price of a transaction always includes all of the costs and benefits associated with the transaction.
Answer the following statement true (T) or false (F)
Is there any difference between borrowing from the federal funds market and borrowing from the discount window? Explain
What will be an ideal response?
The purpose of the Current Population Survey is to determine the
A) number of people in the population. B) employment status of the population. C) age structure of the population. D) income level of the population. E) prices consumers pay for the goods and services they buy.