Of the following views on the effects of immigration on the receiving nation's economic growth, which have NOT been suggested by economists Michael Kremer and Julian Simon?
A) Technological progress is driven by population growth.
B) Immigration increases a nation's labor pool and encourages ingenuity.
C) Immigration costs the local population jobs and greatly lowers their incomes.
D) Immigrants raise the standard of living of a nation's native population.
C
Economics
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As disposable income ________, planned consumption expenditure ________ by a ________ amount
A) decreases; increases; larger B) increases; decreases; smaller C) increases; increases; larger D) increases; increases; smaller E) decreases; increases; smaller
Economics
Suppose there's a 50% chance of a stock rising by 20% and a 50% chance of it falling by 20%. What is the expected rate of return on the stock?
A) -20% B) 0% C) 10% D) 20%
Economics