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Consider the graph of a labor market before and after an influx of immigrant workers. What is the effect of the influx on wages in
Consider the graph of a labor market before and after an influx of immigrant workers. What is the effect of the influx on wages in the long run? a.) Wages remain the same. b.) Wages increase to W subscript E 3 end subscript . c.) Wages decrease to W subscript E 2 end subscript. d.) Wages decrease to W subscript E 1 end subscript
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Macroeconomics Principles And Policy
Authors: William J. Baumol, Alan S. Blinder
11th Edition
0324586213, 978-0324586213
