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Consider the model with two types of labor: skilled and unskilled. Initially, there are 5 skilled workers and 10 unskilled workers in the economy. Assume

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Consider the model with two types of labor: skilled and unskilled. Initially, there are 5 skilled workers and 10 unskilled workers in the economy. Assume that 2 of the skilled workers decide to emigrate. The skill premium (the relative wage of skilled to unskilled workers) in the economy will: (Note: assume that the relative demand for skilled to unskilled workers does not change) O Decrease Increase O Decrease, but only for natives O Stay the same O Cannot be determined

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