Neo-Keynesians believe that the market power exercised by unions, monopolies, and particular resource suppliers created the Phillips curve

When the government fixes its exchange rate

a. it creates an unfavorable balance of trade b. it creates trade surpluses c. it does so to allow the exchange rate to reach equilibrium d. it acts as an arbitrager e. it is not unlike a government policy to control agricultural prices

Other things equal, the optimal number of immigrants will be greater, the:

A. greater the education and skill level of immigrants. B. lower the education and skill level of immigrants. C. higher the unemployment rate of the destination nation. D. greater the fiscal burden of each immigrant.