Question

T/F/U. Immigration increases both ALS and ALD. Draw a diagram(s) consistent with your answer

T/F/U. Immigration increases both ALS and ALD. Draw a diagram(s) consistent with your answer

Homework Answers

Answer #1

"True"

Immigration increases both the aggregate demand and aggregate supply in the economy. With increased population in the economy, people will demand more and the same increased population will be supplying more labor making it cheaper and increasing the output in the economy.

In the above graph, the economy was initially at the equilibrium point "a", after an increase in the immigration the SRAS shifted to the right SRAS1 at a lower cost and higher demand. Due to increase population, the potential GDP or output will also increase. This will shift the LRAS to the right at incrased output level.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
T/F/U. Immigration increases both ALS and ALD. Draw a diagram(s) consistent with your answer
T/F/U. Immigration increases both ALS and ALD. Draw a diagram(s) consistent with your answer
T/F/U. Stores that offer to accept their competitor’s coupons and/or prices are participating in oligopolistic behavior....
T/F/U. Stores that offer to accept their competitor’s coupons and/or prices are participating in oligopolistic behavior. T/F/U. You are more likely to shirk when you interact with the other party frequently. Explain why this is or isn’t the case using an original example. T/F/U. Colleges and Universities should take advantage of celebrities’ kids by charging them higher tuition rates T/F/U. Two firms produce various quantities at various prices. At prices less than $456, no firm produces anything. At $500, firm...
Given the following functions F(s), find f(t). Do not enter u(t) as part of your answers,...
Given the following functions F(s), find f(t). Do not enter u(t) as part of your answers, and do not use any truncated decimal approximations to fractions or they will be marked wrong (answers must be exact). E.g., enter (2/3), not 0.666. (a) F(s) = s + 7 /(s(s + 3)(s + 8)) (b) F(s) = (s^2 + s + 6)/( s(s + 1)(s + 8))
Human capital deepening refers to increases in a country’s population, including both births and immigration. Group...
Human capital deepening refers to increases in a country’s population, including both births and immigration. Group of answer choices True False
A particle moves according to a law of motion s = f(t), t ≥ 0, where...
A particle moves according to a law of motion s = f(t), t ≥ 0, where t is measured in seconds and s in feet. f(t) = 0.02t4 − 0.08t3 (a) Find the velocity at time t. (b) What is the velocity after 3 s? (c) When is the particle at rest? (Enter your answers as a comma-separated list.) (d) When is the particle moving in a positive direction? (Enter your answer using interval notation.) (e) Find the total distance...
6) Schematically draw the ideal vapor compression refrigeration cycle and show it in the T-s diagram.
6) Schematically draw the ideal vapor compression refrigeration cycle and show it in the T-s diagram.
1. Find the Laplace transform of a.) f(t)=u(t−4)⋅e^t F(s)= 2. Find the inverse Laplace transform of...
1. Find the Laplace transform of a.) f(t)=u(t−4)⋅e^t F(s)= 2. Find the inverse Laplace transform of a.) F(s)=2e^(−3s)−e^(−2s)−3e^(−6s)−e^(−9s)/s f(t) = b.) F(s)=e^(−6s)/s^2−3s−10 f(t) = c.) F(s)=4e^(−9s)/s^2+16 f(t) =
Consider a vapor refrigeration cycle. a: Draw a T-s diagram in a Reversed Carnot Cycle and...
Consider a vapor refrigeration cycle. a: Draw a T-s diagram in a Reversed Carnot Cycle and describe what kinds of problems it has if we use the mixture of liquid and vapor as its working fluid. b: Draw a T-s diagram in the ideal Refrigeration cycle and label each process explicitly. c: There are Cascade and Multipurpose refrigeration systems to improve the ideal refrigeration system. Describe their cycles explicitly and compare their differences. d: Discuss the current status of existing...
A particle moves according to a law of motion s = f(t), t ≥ 0, where...
A particle moves according to a law of motion s = f(t), t ≥ 0, where t is measured in seconds and s in feet. (If an answer does not exist, enter DNE.) f(t) = t3 − 8t2 + 23t (a) Find the velocity at time t. v(t) =    ft/s (b) What is the velocity after 1 second? v(1) =   ft/s (c) When is the particle at rest? (d) When is the particle moving in the positive direction? (Enter your...
A particle moves according to a law of motion s = f(t), t ≥ 0, where...
A particle moves according to a law of motion s = f(t), t ≥ 0, where t is measured in seconds and s in feet. (If an answer does not exist, enter DNE.) f(t) = t3 − 8t2 + 27t (a) Find the velocity at time t. v(t) = ft/s (b) What is the velocity after 1 second? v(1) = ft/s (c) When is the particle at rest? (d) When is the particle moving in the positive direction? (Enter your...