THIS IS A MULYIPLE CHOICE BASED QUESTION Question 7

How will each of the following scenarios impact the market for labor?

Thecountry receives an influx of new immigrants

• Impact on supply of labour

1. Increase employment
2. wage rates unchanged
3. Increase wage rate.
4. Decrease wage rates name, called and changed [movement along the curve]
5. Employment unchanged.
6. Shifts outwards/to the right
7. decrease employment.
8. Shift inwards/to the left

• Impact in demand for labour

1. Increase employment
2. wage rates unchanged
3. Increase wage rate.
4. Decrease wage rates name, called and changed [movement along the curve]
5. Employment unchanged.
6. Shifts outwards/to the right
7. decrease employment.
8. Shift inwards/to the left

• Impact on wage rate

1. Increase employment
2. wage rates unchanged
3. Increase wage rate.
4. Decrease wage rates name, called and changed [movement along the curve]
5. Employment unchanged.
6. Shifts outwards/to the right
7. decrease employment.
8. Shift inwards/to the left

• Impact on employment level

1. Increase employment
2. wage rates unchanged
3. Increase wage rate.
4. Decrease wage rates name, called and changed [movement along the curve]
5. Employment unchanged.
6. Shifts outwards/to the right
7. decrease employment.
8. Shift inwards/to the left