Which of the following is correct? Using data from 2014,
a. immigrants (both legal and illegal) make up about 40 percent of the U.S. population.
b. low-skilled immigration lowers the earnings of all workers in the United States by about 15 percent.
c. illegal immigrants make up about 20 percent of the U.S. workforce.
d. over 80 percent of immigrants are from Latin America and Asia.
d
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The real-balance effect pertains to the effect of ________.
A. wealth changes on aggregate demand, while the wealth effect refers to the impact of changes in the price level on the real value of wealth B. price changes on aggregate demand, while the wealth effect refers to the impact of changes in wealth on aggregate demand C. consumer spending on the price level, while the wealth effect refers to the impact of changes in wealth on consumer spending D. changes in interest rate on aggregate demand, while the wealth effect refers to the impact of changes in aggregate demand on people's wealth
What is structural unemployment?
What will be an ideal response?
Long-run macroeconomic equilibrium occurs when aggregate demand ________ short-run aggregate supply and they ________ the long-run supply curve
A) is greater than; intersect at a point to the left of B) equals; intersect at a point on C) equals; intersect at a point to the right of D) is less than; intersect at a point to the right of
The Packers and Stockyards Act of 1921
A) reinforced antitrust laws regarding livestock marketing. B) established the Packers and Stockyards Administration, still exists today. C) was the principal legislation exempting cooperatives from antitrust laws. D) Both A and C