One of the major impacts of restricting immigration is that the:
a. prices of the products produced by unskilled laborers will decline.
b. prices of the products produced by unskilled labor will increase.
c. supply of labor in agriculture will increase.
d. supply of labor in the industrial sector will rise.
e. government's expenditure on education and health will rise.
b
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All of the following are costs of expected inflation except
A) seigniorage. B) menu costs. C) velocity costs. D) tax distortions.
When did union membership show its biggest increase?
A. 1925-1935 B. 1935-1945 C. 1945-1955 D. 1955-1965
What is an economic variable? Give an example of an economic variable
What will be an ideal response?
Refer to the information provided in Table 21.4 below to answer the question(s) that follow. Table 21.4
Refer to Table 21.4. The value for GDP in billions of dollars is
A. 910. B. 920. C. 950. D. 1,050.