A Danger of Guest Worker Programs Is

question 48

Multiple Choice

A danger of guest worker programs is

• A)development of a permanent underclass.
• B)decline in the public school system.
• C)a threat to public health.
• D)increased crime.
• E)all of the above

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Definitions:

Time Inconsistency

The tendency for a person or group to change their plan or perspective over time in ways that can be counterproductive.

Preferences

Individual choices or tastes that determine the selection of goods and services over others based on factors like utility, convenience, or price.

Contextual Information

Contextual information refers to the background or circumstances surrounding an event or situation that helps in understanding its full implications.

Behavioral Economists

Economists who study the psychological, cognitive, emotional, cultural, and social factors on the economic decisions of individuals and institutions and how those decisions vary from those implied by classical theory.