In Theory,we Would Expect Immigration to Result in

question 3

Multiple Choice

In theory,we would expect immigration to result in

• A) Lower wages and lower GDP
• B) Lower wages and higher GDP
• C) Higher wages and lower GDP
• D) Higher wages and higher GDP
• E) No impact on wages of GDP

---

Definitions:

Nonperformance

A failure to act or fulfill a duty, obligation, or contractual agreement.

Revocation

In contract law, the withdrawal of an offer by an offeror. Unless an offer is irrevocable, it can be revoked at any time prior to acceptance without liability.

Premium Price

The higher price charged for a product or service that is perceived to have greater value compared to alternatives.

Agency Relationship

A legal relationship in which one party (the agent) is authorized to act on behalf of another (the principal) in business transactions.