Assume that the South African labour market was in equilibrium before the Zimbabwean situation.At the equilibrium wage that prevailed in South Africa prior to the Zimbabwean situation, what would the post-war status of the labour market be?

Question

Quizplus · Accepted Answer

The influx of workers from Zimbabwe would increase the supply of labor in South Africa, leading to a surplus of labor at the pre-existing equilibrium wage, as the supply of labor would exceed the demand at that wage level.

Assume That the South African Labour Market Was in Equilibrium