Suppose There Is Currently Positive Selection of Immigrants to the United

question 21

Multiple Choice

Suppose there is currently positive selection of immigrants to the United States. What would happen to immigration to the United States if the return to skills were to fall in the United States?

• A) The same selection of immigrants would continue to come to the United States.
• B) The selection of immigrants to the United States would switch from being positive to being negative.
• C) The selection would remain positive but with more workers immigrating to the United States.
• D) The selection would remain positive, but the average skills of immigrants would fall.
• E) The selection would remain positive, but the average skills of immigrants would increase.

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Definitions:

Standard Cost System

An accounting system that uses estimated costs for material, labor, and overhead to assess performance and control costs.

Materials Quantity Variance

The variance between the real amount of materials consumed during manufacturing and the anticipated amount, as per norms.

Direct Materials

Raw materials that are directly traceable to the manufacturing of a product and are a significant portion of the total cost of production.

Standard Cost Card

A document that lists the standard costs associated with producing a unit of product, including materials, labor, and overhead.