According to economist Julian Simon,
A. legal and illegal immigrants have a positive effect on the welfare of American citizens.
B. legal immigrants have a favorable impact on the welfare of American citizens, but illegal immigrants have a negative impact that almost exactly offsets the positive effect of the legal immigrants.
C. legal immigrants have a favorable impact on the welfare of American citizens, but illegal immigrants have a negative impact. However, the positive effect of the legal immigrants is stronger than the negative impact of the illegal immigrants.
D. legal and illegal immigrants have a negative effect on the welfare of American citizens.
Answer: A
You might also like to view...
Payments made out of earnings, in the form of either cash or stock, to the owners and shareholders of a business are known as
a. distributions b. dividend payments c. retained earnings d. salaries e. business expenses
The balance of payments is:
A. the accounting of trade in goods and capital. B. positive when a country has a trade deficit. C. the accounting of trade in financial assets. D. negative when a country has a trade surplus.
XYZ Computer Company has a monopoly on the sale of a specialized color printer. If it sells two of these printers its total revenue is $1,000, and if it sells three color printers its total revenue is $1,400. The marginal revenue of the third color printer sold is
A. $200. B. $300. C. $400. D. $1,300.
Specific assets can create problems for a company. If a supplier invests in new machinery to deliver a part useful only to its biggest and best customer, it can find itself with:
A. significant externalities. B. a holdup problem. C. an outsourcing dilemma. D. a low cost delivery output.