Which of the following would result in a higher real wage rate and a greater level of employment in the United States?

Question

Quizplus · Accepted Answer

An increase in the supply of capital would result in higher productivity and increase the demand for labor. As a result, real wages would increase and the level of employment would also increase. An increase in the population or more liberal immigration policies would increase the supply of labor, which would put downward pressure on wages and could lead to a lower level of employment.

Which of the Following Would Result in a Higher Real