All else constant, the quantity of labor supplied is inversely related to the amount of training required for a job

The immediate effect of a member bank's sale of U.S. government securities to the Fed is a(n):

a. increase in that bank's required reserves. b. decrease in that bank's required reserves. c. increase in that bank's excess reserves. d. decrease in that bank's excess reserves. e. decrease in the Fed's assets.

There was a spike in U.S. legal immigration from 1989 to 1991 due to:

A. An unstable political situation in Mexico B. Increased international travel C. Tremendous economic growth in the U.S. economy D. An amnesty program legalizing formerly illegal immigrants