Which of the is NOT likely to increase the supply of labor? A. A big increase in the school leaving age B. An exponential increase in retirement age C. An increase in the number of migration D. None of the above

How does immigration affect:                                                                         A. Unemployment? Explain.                                                                         B. Wages? Explain. Which source do you agree with the most? The book or the essay from FRED? Or are they the same? Explain.

Wage We WM 10 0 Country M kijl. imj. W UimWe. W Uijwe. b с VMPM Labor Wage Wu We m k Country U For native Country U workers, migration causes a collective loss equal to area VMP Lab

Chose the trrue statement.   a. Sincce the mid 1800ss , Unitedd States of America has experienced substantial migration in workforce in the following order: From service sector to agriculture, and then from agriculture to manufacturing. b. Moderniization or advances in technology, and smarrter processes are example factors that have increased manufacturing productivity in the US. c. The Clarrk-Fisher hypothhesis implies that as productivity increases in one sector, the labor force moves to another sector. d. b and c are true.

What happens to employment in country A after minimum wage is introduced?

Economics: Labor Economics Question: 1 Migration is expected to occur if movement between two markets is frictionless unless: A. Value of Marginal Product (VMPe) is equal in both markets B. Their populations are equal C. They have the same labor demand function D. Total gains from trade are equal across both markets   Question: 2 The market wage increases by 8%. In response the firm reduces its employment by 5%. What is the elasticity of labor demand? Show your work. Is the demand for labor elastic or inelastic? What do you think will happen to this coefficient in the long run?   Thank you for your support and help Training Agent!

21. How does increased immigration affect the labor market? How would the equilibrium wage and the equilibrium quantity of labor be affected?