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Desribe the predicted effects that the following would have on the equilibrium real wage level,or ceteris paribus , and briefly explain why? a. How does
Desribe the predicted effects that the following would have on the equilibrium real wage level,or ceteris paribus, and briefly explain why?
a. How does this affect increases in labor productivity?
b.How does it impact higher competition in the output goods market?
c.How has this contributed to an exodus of immigrant workers?
d.Has this contributed to higher unemployment benefits?
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