Question
1.Using the classical theory of output determination, illustrate and explain how an increase in immigration might affect the national income (GDP).Using the neoclassical distribution theory,
1.Using the classical theory of output determination, illustrate and explain how an increase in immigration might affect the national income (GDP).Using the neoclassical distribution theory, illustrate and explain the impact of an increase in immigration on the real wage and the real rental price of capital.
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Managerial economics applications strategy and tactics
Authors: James r. mcguigan, R. Charles Moyer, frederick h. deb harris
12th Edition
9781133008071, 1439079234, 1133008070, 978-1439079232
