Suppose There Is Currently Positive Selection of Immigrants to the United

question 11

Multiple Choice

Suppose there is currently positive selection of immigrants to the United States. What would happen to immigration to the U.S. if the return to skills were to fall in the United States?

• A)The same selection of immigrants would continue to come to the United States.
• B)The selection of immigrants to the United States would switch from being positive to being negative.
• C)The selection would remain positive but with more workers immigrating to the United States.
• D)The selection would remain positive, but the average skills of immigrants would fall.
• E)The selection would remain positive, but the average skills of immigrants would increase.

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Definitions:

Effective Interest Rate Method

A method of amortizing the discount or premium on bonds payable that reflects the constant rate of interest over the life of the bond.

Amortization Schedule

An Amortization Schedule is a table detailing each periodic payment on an amortizing loan, including the amount of principal and the amount of interest that comprises each payment until the loan is paid off at the end of its term.

Bond Carrying Amount

The net value of a bond on a balance sheet, which may differ from its face value due to amortization or market changes.

Premium Amortization

The process of gradually reducing the premium paid on bonds purchased above their face value over the life of the bonds.