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Immigration has always been an important feature of Canadian labour market policy. The related forefront discussions include immigrants' possible contribution to a deterioration in labour market conditions, and fiscal pressures on government.
a) Some believe that immigrants displace native-born Canadians or put downward pressure on their wages. Using supply-and-demand analysis and the appropriate graphs, explain in theory how this might occur.
b)"An increase in the immigration of low-skilled workers has an unambiguously adverse impact on the wages of low-skilled native-born workers." Discuss the theoretical validity of this statement using a supply-and-demand framework. Include a diagram.
Keynesians would likely agree that: A. all unemployment is frictional unemployment. B. if a person isn't working, that's his or her own choice. C. structural and cyclical unemployment are more common than frictional unemployment. D. unemployment is i..
Select an organization that you have a solid working knowledge of (an employer past or present is recommended) and conduct SWOT analysis for that organization.
In the text we discuss the U.S. healthcare system as a "third-party payer" system: When you receive healthcare in the U.S. generally you are not paying for it; you are paying for insurance, and your insurance pays for the healthcare.
Imagine that a $10,000 ten-year bond was issued at an interest rate of 6%. You are thinking about buying this bond one year before the end of the ten years, but interest rates are now 9%. Calculate what you would actually be willing to pay for this b..
Provide three examples of scarcity that illustrate why even the 1,210 billionaires in the world face scarcity. 2. Label each entry in List 1 as dealing with a microeconomic topic or a macroeconomic topic. Explain your answer. Use the following inform..
Along a short-run aggregate supply curve, a decrease in the price level means that
What are the three actions that the federal government can take to fight recession using fiscal policy?
How far from the building should they position their cannon? There are two possibilities (d_1
The concept of LEAN was originally started and apply with Toyota, however, many automotive manufacturing companies today use this theory. Resources are limited and need to be utilized in the most efficient way as even the most marginal difference can..
Say that a country experienced an increase in its labor force participation rate from 45% to 55% over 10 years.
Suppose the marginal expense of hiring another worker is $150, and the marginal expense of hiring current workers for an extra hour is $10.
In the classical model, the rate of interest is determined by the investment and the saving functions. However, in the Keynesian model, the rate of interest is determined by the equality of aggregate output (GDP) with aggregate expenditure (Y=C+I+G).
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