The impact of immigration on an economy's steady state capital-labor ratio is reduced to the extent that the immigrants tend to ________ than the native population

The GDP deflator is a measure of

A) taxes and subsidies. B) changes in quantities. C) prices. D) depreciation. E) changes in nominal GDP.

The nominal wage rate is the

A) minimum hourly wage that a company can legally pay a worker. B) average hourly wage rate measured in the dollars of a given reference base year. C) minimum hourly wage rate measured in the dollars of a given reference base year. D) average hourly wage rate measured in current dollars. E) wage rate after inflation has been adjusted out of it.