Because of illegal immigrants, the equilibrium wage rate of unskilled labor falls
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
Which of the following indifference curves is not possible given the consumer's budget line? 
A. U1 B. U2 C. U3 D. U4
According to this Application, the Fed started paying interest to banks on reserves. All else equal, this would tend to ________ on a bank's balance sheet
A) increase reserves B) increase loans C) increase deposits D) all of the above
The form of economic organization in which productive resources are privately owned by individuals, and those individuals independently decide what to produce is called
A) communism. B) capitalism. C) socialism. D) utilitarianism.
Intraindustry trade can lead to lower prices and job creation in both the exporting and the importing nation
Indicate whether the statement is true or false