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Suppose workers leave Ontario and look for job in the western provinces. According to the long-run classical model, this outflow of workers would lower output
Suppose workers leave Ontario and look for job in the western provinces. According to the long-run classical model, this outflow of workers would lower output and consumption in Ontario, increase the real wages for the workers who stayed in Ontario, and has no effect on the real rental price of capital in Ontario." True/False/Uncertain, explain in words and support your answer by the labour market diagram and the rental capital market diagram.
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