A) 10 percent
B) 20 percent
C) 30 percent
D) 40 percent
Correct Answer
verified
Multiple Choice
A) raises the wages of low-skilled native-born workers and decreases the salaries of highly skilled native-born workers.
B) increases the wages of both low-skilled native-born workers and highly skilled native-born workers.
C) reduces the wages of low-skilled native-born workers and increases the salaries of highly skilled native-born workers.
D) reduces the wages of low-skilled native-born workers and may decrease the salaries of highly skilled native-born workers.
Correct Answer
verified
Multiple Choice
A) 1 million per year
B) 500,000 per year
C) 50,000 per year
D) 25,000 per year
Correct Answer
verified
Multiple Choice
A) $10 billion annually.
B) $30 billion annually.
C) $50 billion annually.
D) $100 billion annually.
Correct Answer
verified
Multiple Choice
A) discourage migration to that country because of a perception that all of the good jobs have already been taken.
B) discourage migration by increasing the cost of moving.
C) encourage migration by providing employment contacts and job information.
D) are more prevalent the greater the distance between the two countries.
Correct Answer
verified
Multiple Choice
A) decreased the annual immigration quota from 700,000 to 500,000.
B) increased the annual immigration quota from 500,000 to 700,000.
C) increased the annual immigration quota from 250,000 to 500,000.
D) increased the annual immigration quota from 500,000 to 1 million.
Correct Answer
verified
True/False
Correct Answer
verified
Multiple Choice
A) home and host country are increased.
B) home and host country are decreased.
C) host country are increased, but decreased to the home country.
D) host country are decreased, but increased to the home country.
Correct Answer
verified
Multiple Choice
A) lower the optimal quantity of immigrants.
B) lower the marginal benefit of additional immigrants.
C) greater the marginal cost of additional immigrants.
D) greater the optimal quantity of immigrants.
Correct Answer
verified
Multiple Choice
A) Wages will rise in the origin nation and fall in the destination nation, and overall wage income must rise.
B) Wages will rise in both nations, and overall wage income must rise.
C) Wages will rise in the origin nation and fall in the destination nation, and the wage changes must cancel each other, resulting in no net change in overall wage income.
D) Wages will rise in the origin nation and fall in the destination nation, but the effect on overall wage income depends on the elasticities of labor demand.
Correct Answer
verified
True/False
Correct Answer
verified
True/False
Correct Answer
verified
Multiple Choice
A) decrease total wage income if labor demand is elastic.
B) increase total wage income if labor demand is inelastic.
C) increase total wage income if labor demand is elastic.
D) decrease total wage income regardless of the elasticity of labor demand.
Correct Answer
verified
Multiple Choice
A) 27 percent
B) 66 percent
C) 16 percent
D) 18 percent
Correct Answer
verified
True/False
Correct Answer
verified
Multiple Choice
A) rise in business income in the high-wage country will increase the return on capital, which will increase the demand for labor.
B) fall in business income in the high-wage country will decrease the return on capital, which will increase the demand for labor.
C) rise in business income in the high-wage country will increase the return on capital, which will decrease the demand for labor.
D) fall in business income in the high-wage country will decrease the return on capital, which will decrease the demand for labor.
Correct Answer
verified
Multiple Choice
A) 5 percent
B) 16 percent
C) 25 percent
D) 33 percent
Correct Answer
verified
Multiple Choice
A) Older workers are more likely to migrate than younger workers.
B) Migrants are more likely to migrate to countries farther rather than nearer to their home country.
C) Single workers are more likely to migrate than workers with spouses and children.
D) Workers are less likely to migrate where "beaten paths" exist.
Correct Answer
verified
Multiple Choice
A) the prospect of paying lower prices for goods and services.
B) to flee political oppression.
C) the opportunity to increase earnings and standard of living.
D) to reunite with family members.
Correct Answer
verified
Multiple Choice
A) 16 percent
B) 57 percent
C) 66 percent
D) 81 percent
Correct Answer
verified
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