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How might an amnesty program affect the flow of future border crossings?
What were the five main features of the proposed immigration reform of 2007? Which of these features, as general principles, do you support?
What were the top five states of residence of new legal immigrants in that year and what percentage of the total immigration did they comprise?
Which five countries have the most foreign-born residents in absolute terms? Why do the two lists differ so substantially?
What about the effect of this 5 percent growth on the nation's living standards? Will these also necessarily grow by 5 percent per year given population growth?
If real GDP per person in Mexico grows at the rate of 5 percent per year, about how long will it take Mexico's real GDP per person to reach the level that the U
How does saving relate to investment and thus to economic growth? What role do banks and other financial institutions play in aiding the growth process?
What would happen to the amount of investment made today if firms expected the future returns to such investment to be very low?
Why are prices sticky? Explain the two reasons given in this chapter and then try to think of two more.
Write down the growth rates of the countries with the fi ve highest real GDP growth rates and the five lowest real GDP growth rates.
Why don't they include the value of the stocks and bonds bought and sold? Why don't they include the value of the used furniture bought and sold?
What is the difference between gross private and net private domestic investment. Which of these two measures of investment spending would be appropriate?
are changes in inventories included as part of investment spending? Suppose inventories declined by $1 billion during 2008.
Demographers have been very surprised that total fertility rates have fallen below 2.0. What about other social or political changes?
Could we possibly maintain or improve our living standards even if the population were expected to rise in the future rather than fall?
Why does this provide a good incentive for low-cost production as compared with fishing in the open seas where there are few if any property rights?
What about the overall energy situation? What percentage of its overall energy consumption can it fulfill with domestically produced energy?
How does a subsidy to consumers differ from a subsidy to producers in correcting for a positive externality?
What is the significance of this opportunity cost to the search for better technology to reduce pollution?
Using an example other than one in the text, explain how climate-change might hurt one industry, particular region, or country but help another.
How much greenhouse gas does the United States emit per person? What is the trend of emissions on a per-person basis?
How marketable emission credits add to overall economic efficiency, compared to across-the-board limitations on maximum discharges of air pollutants by firms.
How does a worker file a complaint or report a hazard? Where is the nearest OSHA office to you? Go back to the OSHA home page and select News Releases.
How does the problem of limited and bundled choice in the public sector relate to economic efficiency?
Distinguish between the benefits-received and the ability-to-pay principles of taxation. Which philosophy is more evident in our present tax structure?