How would the wage impacts of immigration in the origin country
differ when labor supply is...
How would the wage impacts of immigration in the origin country
differ when labor supply is perfectly inelastic from when it is not
perfectly inelastic? What explains the difference?
What is the impact of immigration on the supply of labor in (a)
the immigration of originating countries, and (b) their destination
country? Is it possible that immigration could leave wage rates in
the originating and destination countries unchanged?
When the wage rate paid to labor is below equilibrium:
A) the supply of labor increases.
B) the demand for labor decreases.
C) the number of workers seeking jobs exceeds the number of jobs
available.
D) the number of jobs available exceeds the number of workers
seeking jobs.
Suppose a country experiences a significant immigration of
labor. Further, this country produces both labor-intensive and
capital intensive goods. According to the Rybczynski theorem, what
changes in the production of the two type of goods should we
anticipate because of the labor immigration? Be sure to use the
Rybczynski theorem to answer the question.
what are the impacts of COVID-19 on labor demand and
supply for low-wage workers for both employed workers (e.g.,
package, food service, or food delivery workers and grocery store
employees) and unemployed or furloughed workers
28.)In a competitive labor market, if the supply of labor
decreases how will the equilibrium wage rate and employment
change?
Wage Rate Employment
a.) Increase Increase
b.) Increase Decrease
c.) Decrease Increase
d.) Decrease Decrease
e.) No change Decrease
29.)How will a decrease in demand for computer repairs impact
the demand and wage rate for skilled computer technicians?
Wage Rate Employment
a.) Decrease Decrease
b.) No change Decrease
c.) Increase Decrease
d.) Increase Increase
e.) No change Increase
30.)Which of...
Draw a graph illustrating what would happen to the labor supply
and to the equilibrium wage in a monopsony market facing a binding
minimum wage. Detail whether these quantities would increase or
decrease and highlight on your graph the new MC curve.