What Is the Effect of Immigration in the Long Run

question 66

Multiple Choice

What is the effect of immigration in the long run?

• A)Output will increase.
• B)Factor prices will increase.
• C)There will be no change in factor prices.
• D)There will be an increase in output but no change in factor prices.

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Definitions:

Degrees Of Freedom

The number of independent values or quantities which can be assigned to a statistical distribution or a parameter estimation, often representing the amount of independent information available.

F Table

A table used in statistics to find critical values of the F distribution, helpful in hypothesis testing such as ANOVA.

Probabilities

A numerical representation, between 0 and 1, of the probability that an event will take place.

Degrees Of Freedom

The number of independent values or quantities which can be assigned to a statistical distribution.