Because the applications for "diversity immigration" into the U.S. far exceed the quota every year, the slots are filled through:
A. An annual lottery
B. A first-come-first-served system
C. A bidding system, allocation through prices
D. Political connections
A. An annual lottery
You might also like to view...
Have unions been successful at raising wages for their members? What about raising wages for all workers?
What will be an ideal response?
Suppose that an anti-smoking campaign in Moscow, Russia, is successful so that Muscovites smoke less and chew gum more. Tobacco companies lay off workers, while chewing gum manufacturers employ more workers. This is an example of
a. structural unemployment created by efficiency wages. b. structural unemployment created by sectoral shifts. c. frictional unemployment created by efficiency wages. d. frictional unemployment created by sectoral shifts.
Use the following general linear supply function:Qs = 40 + 6P - 8PI + 10F where Qs is the quantity supplied of the good, P is the price of the good, PI is the price of an input, and F is the number of firms producing the good. Suppose PI = $40 and F = 50, what is the lowest price that will induce firms to supply 400 units of output?
A. $25 B. $20 C. $30 D. $15 E. $35
The potential money multiplier gives us
A. the growth in real national income when the money supply increases. B. the growth in the money supply when income increases. C. the maximum potential change in the money supply due to a change in income. D. the maximum potential change in the money supply due to a change in reserves.