ECONOMICS (CBSE/UGC NET)

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ECONOMICS

AGGREGATE DEMAND

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Country A relaxes its immigration policy so that people from other countries can work and live there with less restriction. As a result,
A
Country A’s SRAS curve will shift to the left.
B
Country A’s LRAS curve will remain unchanged.
C
Both Country A’s SRAS and LRAS curves will shift to the right.
D
Country A’s AD curve will shift to the left while its LRAS curve will shift to the right.
Explanation: 

Detailed explanation-1: -Sweden ranked number 1, with Portugal, Canada, Finland, and the Netherlands following close behind.

Detailed explanation-2: -The most sought-after destination for immigration is considered to be the United States of America (USA). It is understood that the USA is a multicultural nation that draws people from all over the world making it one of the most immigration-friendly countries. The culture of the USA is welcoming to immigrants.

Detailed explanation-3: -Emigration is the relocation or process of people leaving one country to reside in another. People emigrate for many reasons, including increasing one’s chance of employment or improving quality of life.

Detailed explanation-4: -Methods of becoming a citizen of another country: Blood Relations-The simplest of methods. Top 14 Hardest Countries to Immigrate To: Vatican City. Vatican City. China. Japan. Qatar. Liechtenstein. United Arab Emirates, Kuwait, and Saudi Arabia. More items

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