Illegal immigration tends to:
A. increase average wages and employment where illegal workers are complements to
domestic-born workers.
B. increase average wages and employment where illegal workers are substitutes for
domestic-born workers.
C. increase average wages and employment whether illegal workers are complements to or
substitutes for domestic-born workers.
D. reduce average wages and employment whether illegal workers are complements to or
substitutes for domestic-born workers.
Answer: A
You might also like to view...
The price level in the economy between 2014 and 2015 rose from 100 to 105. Between 2015 and 2016, the price level rose from 105 to 110.25. How does the short-run Phillips curve predict the unemployment rate will change as a result?
A) The unemployment rate will decrease since inflation decreased. B) The unemployment rate would not change since there is no change in the rate of inflation. C) The unemployment rate will increase since inflation increased. D) The unemployment rate will decrease since inflation increased.
Which of the following would NOT be a reason why developed nations would try to coordinate their macroeconomic policies?
A) To achieve a desirable level of world economic growth B) To avoid imposing a disproportionate burden on one major country in its attempt to help other world economies C) To stimulate production in other countries using the higher incomes generated by policy coordination D) To coordinate retaliatory policies on developing countries' trade barriers E) None of the above. That is, A, B, C, and D are all correct.
A Federal Reserve Bank is located in which of the following cities?
A) St. Louis, Missouri B) Richmond, Virginia C) Atlanta, Georgia D) San Francisco, California E) all of the above
The Federal Reserve can increase aggregate demand by:
a. Increasing taxes b. Buying government securities in the open market c. Raising the reserve requirement d. Raising the discount rate