Which of the Following Is a Way That a High

question 40

Multiple Choice

Which of the following is a way that a high rate of immigration benefits the United States?

• A) It provides additional taxes that help support programs that benefit older Americans.
• B) It increases the number of individuals that are unemployed.
• C) It decreases the tax rolls and eliminates the need for state funding.
• D) It increases the voting-age population.
• E) It reduces the demand on Medicaid.

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Definitions:

Supply and Demand

The fundamental economic model that describes how prices are determined in a market based on the available quantity of goods or services and the desire for them.

Equilibrium Price

The price at which the supply of an item matches its demand, ensuring that the market is in balance.

Excess Supply

A situation where the quantity of a good or service supplied surpasses the quantity demanded at a specific price.

Excess Demand

Excess demand occurs when the quantity demanded of a product or service at a given price exceeds the quantity supplied, often leading to a shortage.