Microeconomics
Microeconomics
21st Edition
ISBN: 9781259915727
Author: Campbell R. McConnell, Stanley L. Brue, Sean Masaki Flynn Dr.
Publisher: McGraw-Hill Education
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Chapter 25, Problem 4DQ

Sub Part (a):

To determine

Immigration.

Sub Part (b):

To determine

Immigration.

Sub Part (c):

To determine

Immigration.

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Figure 9.2, U.S. Labor Market Figure 9.2 represents the U.S. labor market. Assume that labor and capital are the only factors of production. Also assume the initial supply schedule of labor is denoted by S, and consists entirely of native U.S. workers. The demand schedule of labor is denoted by Do Hourly Wage/S O O 18 Select one: O 12 O 9 So 2 Consider Figure 9.2. Policies that permit Mexican workers to freely migrate to the United States would likely be resisted by: S₁ a. U.S. capital owners b. Native U.S. workers 3 Do 6 Quantity of Labor c. U.S. capital owners and native U.S. workers d. Neither U.S. capital owners or native U.S. workers
6. What is a "brain drain" as it relates to international migra- tion? If emigrants are highly educated and received greatly subsidized education in the home country, is there any justi- fication for that country to levy a "brain drain" tax on them? Do you see any problems with this idea? LO23.3
If a nation with an aging population admits more low-skilled immigrants: wealth disparity decreases. O income disparity increases. job creation is reduced. O income mobility is reduced.
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