Of the dozen of studies that study the effect on wages, most of the studies show that immigration has ________ effect on wages of the native worker as a whole.

A. a relatively small
B. zero
C. relatively large
D. very large, almost 100%


Answer: A

Economics

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According to the Taylor rule, does the target for the federal funds rate respond differently for an increase in inflation caused by an increase in aggregate demand and for an increase in inflation caused by a decrease in short-run aggregate supply?

Explain whether there is or is not a difference in how the target for the federal funds rate changes.

Economics

The money supply consists of

A) currency alone. B) currency and checking accounts. C) checking and savings accounts. D) currency and checking and savings accounts. E) checking accounts alone.

Economics

The private ownership of property resources and use of prices to direct and coordinate economic activity is characteristic of:

a. Socialism b. A command system c. Communism d. A market system

Economics

If a firm that has variable costs of $8 million shuts down, we may conclude that its total revenue is __________.

Fill in the blank(s) with the appropriate word(s).

Economics