George WBush's Council of Economic Advisers Issued a "White Paper" on on June

question 88

Multiple Choice

George W.Bush's Council of Economic Advisers issued a "White Paper" on June 20,2007,to assess the impacts of immigration on the United States.The report concluded that __________.

• A)immigration not only helps fuel the country's economic growth but also has a positive effect on the income of native-born workers
• B)immigration helps fuel the country's economic growth but has a negative effect on the income of native-born workers
• C)immigration helps fuel the country's economic growth in the aggregate but has a positive effect on the income of native-born workers only in certain locales
• D)immigration helps fuel the country's economic growth and has a positive effect on the income of native-born workers only in certain locales

Understand how research proposals aid in structuring and improving study designs.

Know the trial procedures used to test the clarity and plausibility of research methodologies.

Understand the concept of perfect competition and its characteristics.

Analyze the conditions under which firms in a perfectly competitive market operate including profit maximization, losses, and the long-run equilibrium.