Q1: The more elastic the demand for labor, the greater the number of initial workers in a labor market will be displaced from a large increase of immigrants into their labor market. True or false?

Q2: Why are younger workers more likely to migrate?

a. The difference in wages between countries is higher for younger workers.

b. US law sets lower work permit fees for younger workers than older workers.

c. They have more years remaining in their prime working years to benefit from the higher

wages from migrating.

d. Young workers have lower discount rates than older workers.

Q3: The average Economist makes $95,000 per year and the proportion of economists that are foreign born is 0.45. If immigration reform decreases the proportion of foreign-born economists to 0.35, which groups in the economy would benefit?

a. Economists

b. Firms, like Washburn, that hire economists.

c. Consumers, like students, that purchase from firms that hire economists.

d. Economists and firms would benefit, consumers would be made worse off.

e. All three groups will benefit.