Suppose a country experiences an inflow of labor from the rest of the world but the world relative price remains the same. In that country, output of the capital - intensive good will. and output of the labor-intensive good will.

Suppose a country experiences an inflow of labor from the rest of the world but the world relative price remains the same. In that country, output of the capital - intensive good will. and output of the labor-intensive good will.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Suppose a country experiences an inflow of labor
from the rest of the world but the world relative
price remains the same. In that country, output of
the capital - intensive good will and output of
the labor - intensive good will.

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