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Assume a sudden increase in immigration of skilled laborers. Assume that as a result, the economy is not at full employment. Graph and explain the
Assume a sudden increase in immigration of skilled laborers. Assume that as a result, the economy is not at full employment.
Graph and explain the immediate effect of the immigration on the labor market.
Graph and explain the effect of the change in labor consumed on the market for investment and savings funds
What can be concluded about the change in the ratio of capital to labor in the long run? Will the effect of the immigration be on real variables and inflation?
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