Suppose there is currently positive selection of immigrants to the United States. What would happen to immigration to the United States if the return to skills were to fall in the United States?
A. The selection would remain positive, but the average skills of immigrants would increase.
B. The selection of immigrants to the United States would switch from being positive to being negative.
C. The selection would remain positive, but the average skills of immigrants would fall.
D. The same selection of immigrants would continue to come to the United States.
E. The selection would remain positive but with more workers immigrating to the United States.
Answer: A
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Wendy's restaurants must decide whether to grow their own potatoes for French fries or buy them. If they buy rather than grow, then they have opted to
a. integrate horizontally b. allow market prices to guide resource allocation c. integrate vertically d. allow hierarchical control to guide resource allocation e. form an authority relation
From a bank's perspective, the most vulnerable sources of funds are:
a. Short-term deposits b. Reserve assets. c. Long-term government securities. d. Loans to companies with low credit ratings. e. Long-term savings deposits.
Which of the following events would cause the price of oranges to fall?
a. There is a shortage of oranges. b. The FDA announces that bananas cause strokes, and oranges and bananas are substitutes. c. The price of land throughout Florida decreases, and Florida produces a significant proportion of the nation's oranges. d. All of the above are correct.
The higher the reservation wage, the more likely one is to be unemployed.
Answer the following statement true (T) or false (F)