Bruno and Juliana Moved to the United States from Mexico

question 44

Multiple Choice

Bruno and Juliana moved to the United States from Mexico two years ago and just had their first baby. Although Bruno and Juliana's SES is lower than their native-born peers, their baby was born at a healthy weight, due in part to the support of their social network. This phenomenon is called the _____.

• A) immigrant paradox
• B) Hispanic paradox
• C) native-born paradox
• D) SES paradox

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Definitions:

Aggregate Supply

The sum of all goods and services created in an economy, priced at a certain level, over a specific period.

Classical Dichotomy

The theoretical separation of real and nominal variables in economics, suggesting that nominal variables (like the money supply) do not affect real variables (like real GDP).

Labor Supply

Labor supply refers to the total hours that workers are willing and able to work at a given wage rate in an economy.

Short-Run Aggregate-Supply Curve

A graphical representation that shows the relationship between the total production of goods and services and the price level in the short run.