Refer to the below graph of the market for low-skilled labor. Sd is the supply of domestic resident workers, and St is the total supply of labor including undocumented workers. If there are illegal immigrants in the market, how many illegal immigrants will be employed?
A. 15M
B. 120M
C. 135M
D. 22M
D. 22M
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If the autarkic and world relative prices are equal, then
a. consumers are better off with trade than without trade. b. the country has the option of supplying either good in the world market. c. no gains from trade are possible. d. the world markets are not in equilibrium.
The Congressional Budget Office estimates that the additional taxes and fees enacted under the ACA will be enough to pay for the plan and reduce the federal government's budget deficit
Indicate whether the statement is true or false
Money expansion stops when new reserves introduced into the banking system have been converted into: a. excess reserves
b. securities. c. deposits. d. required reserves. e. loans.
A corporate bond sold in 2000 with a face value of $10,000 . a $100 coupon, and a maturity date in 2010
a. will pay the bondholder $100 a year every year from 2000 to 2010 and will also pay him $9,000 in 2010. b. will pay the bondholder $100 a year every year from 2000 to 2010 and will also pay him $10,000 in 2010. c. requires the bondholder to pay $100 a year every year from 2000 to 2010 and will pay him $10,000 in 2010. d. requires the bondholder to pay $100 in 2000 only and will pay him $10,000 in 2010.