Facebook CEO

4. Facebook CEO Mark Zuckerberg, Yahoo CEO Marissa Mayer, and former Microsoft CEO Bill Gates formed a lobby group,…

4. Facebook CEO Mark Zuckerberg, Yahoo CEO Marissa Mayer, and former Microsoft CEO Bill Gates formed a lobby group, FWD.us, t
4. Facebook CEO Mark Zuckerberg, Yahoo CEO Marissa Mayer, and former Microsoft CEO Bill Gates formed a lobby group, FWD.us, to campaign in favour of the following policies: 1) More high-skilled immigration into the United States 2) Improving science and technology education in the United States 3) Encouraging immigrants to compete with Americans for employment From an economic perspective, why might Silicon Valley executives favour these policies? (A) The executives are kind people who care about immigrants and education. (B) Immigrants bring new ideas that can boost profits. (C) Encouraging high-skilled immigration and better science education increases the supply of technology workers, which reduces wages in Silicon Valley. (D) Lobbying is a fun and social activity. 5. Suppose that you own a construction company in California. What is the best reason for you, as a business leader, to support illegal immigration from Mexico? (A) It is simply a good thing to do, as a concerned citizen of the world. (B) You enjoy authentic Mexican cuisine. (C) California has a lot of native Spanish speakers, and hiring illegal immigrants allows you to expand your clientele. (D) Low-skilled immigration causes wages in the construction sector to go down 6. The American Medical Association restricts the supply of American doctors by limiting the number of medical licenses it provides. What impact does this have on the market for doctors? (A) The demand for licenses will increase. (B) The supply of licenses will decrease. (C) Doctors’ salaries will go down (D) Doctors’ salaries will go up.