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True or false and please explain: Suppose there is an exogenous increase in immigration of labor into a country and this has no effect on
True or false and please explain:
Suppose there is an exogenous increase in immigration of labor into a country and this has no effect on the prices of goods X and Y. Then in the short run (use the specific factors model) the real wages of labor will fall and but the real rental rates on capital will fall in one sector and rise in the other sector.
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