Suppose There Is a Large Increase in Immigrants from Romania

question 47

Multiple Choice

Suppose there is a large increase in immigrants from Romania into the United States.Native workers in the United States would be better off when they are

• A) Gross substitutes with Romanian workers.
• B) Gross complements with Romanian workers.
• C) Not affected by the "output effect" caused by the new Romanian workers.
• D) Complements, but not gross complements, with Romanian workers.

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Definitions:

Confidence Intervals

A sequence of values, garnered from samples, anticipated to cover the value of a yet-to-be-discovered population parameter.

Sampling Distribution

The probability distribution of a given statistic based on a random sample.

Central Limit Theorem

A statistical theory that states that the sampling distribution of the sample mean will approach a normal distribution as the sample size becomes larger, regardless of the shape of the population distribution.

Test Statistic

A calculated value from statistical test data used to determine whether to reject the null hypothesis in favor of the alternative hypothesis.