If the government liberalizes immigration policies, the demand for labor will ________, the real wage will ________, and the quantity of labor hired will ________.

Question

Quizplus · Accepted Answer

Liberalizing immigration policies increases the supply of labor, which can lead to a decrease in real wages due to higher competition for jobs, while the quantity of labor hired increases as more workers are available.

If the Government Liberalizes Immigration Policies, the Demand for Labor