Examlex
The concept of an "illegal immigrant" emerged in 1924 when the United States passed immigration legislation favoring immigration from __________ and limiting immigration from __________.
Market Equilibrium
Market equilibrium occurs when the quantity demanded by consumers perfectly matches the quantity supplied by producers, resulting in no excess supply or demand within the market.
Price
The financial value forecasted, demanded, or handed over as compensation for an item.
Quantity
The amount or number of a material or immaterial good that is considered as a unit or an aggregate.
Price Ceiling
A legal maximum price set by government on certain goods or services, intended to prevent prices from becoming too high.
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