Which of the following is not correct?

a. High-skilled immigration has many economic benefits.
b. Each year in the United States, about one-third of the people earning a PhD. in science or engineering are foreign born.
c. Low-skilled immigration lowers the earnings of native-born workers by 10-20 percent.
d. Illegal immigrants may pay less in taxes, but they also are ineligible for many government benefits.

c

Economics

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Banks create money whenever they

A) accept a deposit. B) lend excess reserves to a borrower. C) receive monthly payments on their loans. D) receive interest on existing loans.

Economics

What are the key differences between how we illustrate a contractionary fiscal policy in the basic aggregate demand and aggregate supply model and in the dynamic aggregate demand and aggregate supply model?

. What will be an ideal response?

Economics