Refer to the graph of the market for low-skilled labor. Sdis the supply of domestic resident workers, and Sₜ is the total supply of labor, including undocumented workers. What are the equilibrium wage rate and equilibrium employment if there is illegal immigration?
A) $14 and 142 million, respectively
B) $13 and 135 million, respectively
C) $14 and 120 million, respectively
D) $17 and 135 million, respectively
Correct Answer:
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