How do the characteristics of immigrants influence the effects of immigration on the receiving country? What are the implications for the receiving country government policy toward immigration?

What will be an ideal response?


POSSIBLE RESPONSE: The types of immigrant workers will affect certain groups in the receiving country. For example, less-educated, less-skilled immigrants will compete for jobs against less-skilled native workers, further reducing their already low wages. The type of immigrants admitted will also affect the net fiscal benefit or burden of immigration. More- educated, more-skilled immigrants have higher earnings, pay larger taxes, and are less likely to use public assistance. In addition, highly skilled immigrants will enhance knowledge benefits. Based on these considerations, one can make an economic argument that a receiving country should tilt its immigration policy toward admitting young, educated, and skilled immigrants. For example, Australia, New Zealand, Britain, and Canada use point systems to screen applicants.

Economics

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The most prevalent market structures in the U.S. economy are perfect competition and monopolistic competition

Indicate whether the statement is true or false

Economics

What will a U.S. corporation do if it believes that the dollar will continue to appreciate when it changes foreign earnings back into dollars?

What will be an ideal response?

Economics

An electric utility is going to use a block-pricing schedule. They plan to charge P1 for the first Q1 units and P2 for the subsequent units. The units sold at P2 are the total units sold, Q2, minus the total units sold at P1

The inverse demand curve is P = $100 - Q, and the marginal and average cost is $40. Use calculus to solve for P1, P2, Q1, Q2.

Economics

Fast food is faster and cheaper than a similar meal you could prepare for yourself. Which of the following does not explain that fact?

a. meal preparation has been divided into many separate tasks b. larger-scale production allows the introduction of more efficient machines c. workers gain productivity at a task over time d. there is less time lost moving from one task to another e. workers are more productive when they are being paid

Economics