Describe the various ways immigrants can legally enter into the United States
What will be an ideal response?
The majority of legal immigrants enter into the United States as family-sponsored immigrants (65%). They relatives, parents, children, siblings, or other qualified relatives, of permanent U.S. residents. Another 16% of legal immigrants are refugees, often leaving countries at war. Employment-based preferences make up 13% of legal immigrants. These immigrants are sponsored by companies in the United States who request foreign workers with specialized skills. The remaining 6% of legal immigrants are diversity immigrants or entered for another reason.
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"The president of the world's biggest polluter (the United States) needs to do more than propose well-intentioned but insufficient measures that amount to using a squirt gun to quell a raging fire." Is this a positive or a normative economic statement? Explain your answer
When the actual reserve/deposit ratio exceeds the desired reserve/deposit ratio banks:
A. stop making loans. B. make more loans. C. do nothing because this is a profitable situation. D. send the extra reserves to the central bank.
Explain why the decision to join the Euro system presents serious domestic monetary policy issues.
What will be an ideal response?
Professional female basketball players make far less income than do professional male basketball players. Why?
A. gender discrimination B. compensating differentials C. The supply of female players is far greater than the supply of male players. D. The demand for female players is far less than the demand for male players.