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Figure 9.2, U.S. Labor Market Figure 9.3 represents the U.S. labor market. Assume that labor and capital are the only factors of production. Also assume

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Figure 9.2, U.S. Labor Market Figure 9.3 represents the U.S. labor market. Assume that labor and capital are the only factors of production. Also assume the mitial supply schedule of labor is denoted by S, and consists entirely of native U.S. workers. The demand schedule of labor is denoted by Do. Hourly Wage/ S So 12 Do Quantity of Consider Figure 9.2. Policies that permit Mexican workers to freely migrate to the United States would likely be resisted by: Select one: a. U.S. capital owners O b. Native U.S. workers O c. U.S. capital owners and native U.S. workers O d. Neither U.S. capital owners nor native U.S. workers As of 2002, members of the European Monetary Union agreed to replace their currencies with the: Select one: O a. mark O b. dollar O c. franc O d. euro Clear my choice

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