If Stricter Immigration Laws Are Imposed and Many Foreign Workers

question 98

Multiple Choice

If stricter immigration laws are imposed and many foreign workers in the United States are forced to go back to their home countries

• A)the long-run aggregate supply curve will shift to the right.
• B)the long-run aggregate supply curve will shift to the left.
• C)we will move up along the long-run aggregate supply curve.
• D)we will move down along the long-run aggregate supply curve.

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Internal Revenue Code

The statutory collection of domestic tax laws that govern federal tax administration in the United States.

Shareholder Level

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Subchapter S

A designation for corporations that meet specific Internal Revenue Code requirements, allowing them to pass income directly to shareholders and avoid double taxation.

Model Business Corporation Act

A model set of laws prepared by the Committee on Corporate Laws of the American Bar Association to standardize and provide a guideline for corporation law.