Chapter 15: #1 (10 points) 1. Describe how each of these changes is likely to affect...
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Chapter 15: #1 (10 points) 1. Describe how each of these changes is likely to affect poverty and inequality: 1. Incomes rise for low-income and high-income workers, but rise more for the high-income earners. 2. Incomes fall for low-income and high-income workers, but fall more for high-income earners. #18 (10 points) 18. How can the effect of the poverty trap be reduced? Explain two categories of economic effects (discussed in class) that immigration to the U.S. can have on the U.S. economy. (10 points) What economic effect(s) does immigration generally have on immigrants themselves? (10 points) What economic effect(s) might immigration have on the countries of immigrant origin?(10 points) Chapter 15: #1 (10 points) 1. Describe how each of these changes is likely to affect poverty and inequality: 1. Incomes rise for low-income and high-income workers, but rise more for the high-income earners. 2. Incomes fall for low-income and high-income workers, but fall more for high-income earners. #18 (10 points) 18. How can the effect of the poverty trap be reduced? Explain two categories of economic effects (discussed in class) that immigration to the U.S. can have on the U.S. economy. (10 points) What economic effect(s) does immigration generally have on immigrants themselves? (10 points) What economic effect(s) might immigration have on the countries of immigrant origin?(10 points)
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