The Deportation of Illegal Aliens May Create Jobs on a One-To-One

question 40

Multiple Choice

The deportation of illegal aliens may create jobs on a one-to-one basis for native workers if

• A) the minimum wage is above the equilibrium wage.
• B) the minimum wage is below the equilibrium wage.
• C) the labor supply curve is very steep.
• D) the labor supply curve is very flat.

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Definitions:

Traceable Fixed Advertising

Costs of advertising that can be directly associated with a specific product or segment of the business.

Fixed General Factory Overhead

Costs associated with operating a factory that do not vary with the level of production, such as factory rent, insurance, and salaries of managers.

Variable Cost

Expenses that change in proportion to the activity of a business, such as cost of goods sold or materials costs.

Fixed Cost

Costs that do not vary with the level of output or production, such as rent, salaries, and insurance premiums.