Effectively removing all illegal immigrants from U.S. labor markets would:
A. reduce wages in the United States.
B. increase employment of domestic-born workers, but by a lesser amount than the number of jobs lost by illegal workers.
C. increase employment of domestic-born workers at a rate of one-for-one with the jobs lost by illegal workers.
D. increase employment of domestic-born workers by an amount greater than the number of jobs lost by illegal workers.
B. increase employment of domestic-born workers, but by a lesser amount than the number of jobs lost by illegal workers.
You might also like to view...
Economics employs a scientific methodology. In part, this means that
a. all economic laws have been proven true by laboratory tests b. there is a single economic theory accepted by all economists c. economic hypotheses are tested to determine their validity d. personal values never enter into economic policy recommendations e. assumptions are not necessary in economic science
Each of the governors of the Federal Reserve System is appointed for a term of __________ years. The Board of Governors is comprised of _____________ members and the FOMC is comprised of __________ members
A) 12; 7; 19 B) 14; 6; 22 C) 6; 5; 14 D) 14; 7; 12 E) 12; 6; 12
What is a risk measure?
a. Alpha b. Required return on the market portfolio c. Standard deviation of historical returns
Suppose the U.S. was to experience a series of terrorists' attacks aimed at keeping consumers away from large shopping areas. Supposing further that the primary effect is for consumer confidence to decrease, this would likely
A. decrease aggregate demand. B. increase aggregate demand. C. decrease aggregate supply. D. increase aggregate supply.