If immigration were to lead to an inflow of workers so that the overall labor force were to rise to L1, then
A) wages would rise and payments to capital would fall.
B) wages would rise and payments to capital would rise.
C) wages would fall and payments to capital would fall.
D) wages would fall and payments to capital would rise.
Correct Answer:
Verified
Q1: _ growth is said to occur when
Q3: _ would gain from expanded immigration.
A)Domestic labor
B)Domestic
Q6: _ policies refer to government programs designed
Q7: Economic growth at constant world prices will
Q8: Economic growth occurs because
A)labor forces grow.
B)capital stocks
Q10: If an economy experiences an increase in
Q14: An example of direct foreign investment is
Q14: Recent guest worker programs have involved temporary
Q16: If an economy experiences an increase in
Q19: _ policies seek to promote rapid industrialization
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