FA25 ECON 302 002 Midterm Exam #2 (Chapters 5 6): Sample Questions

Suppose there was a sudden influx of immigrants, denoted by 𝑁 ∗ , into to the U.S. at time 𝑡 . A fraction   ℓ ¯ ∗ of immigrants are researchers. The pre-immigration fraction of researchers in the...