Top Posters
Since Sunday
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
stevengu246 stevengu246
wrote...
Go to Answer
Posts: 475
Rep: 10 0
5 years ago
Which of the following summarizes the impact of immigration growth on the labor market?

• This will increase the labor supply, reduce the equilibrium wage and increase the quantity of labor demanded.

• There will be an increase in the demand for labor. As a result, the wage rate will rise and the quantity of workers supplied will decrease.

• There will be an increase in the demand for jobs. This will result in an increase in the equilibrium wage rate and a movement along the labor supply curve.

• There will be an increase in both the demand for labor and the supply of labor. As a result, the equilibrium wage will not change.
Textbook 
Microeconomics

Microeconomics


Edition: 7th
Authors:
Read 74 times
3 Replies
Replies
Answer verified by a subject expert
anuja709anuja709
wrote...
#1
Posts: 375
Rep: 64 0
5 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

stevengu246 Author
wrote...
#2
5 years ago
This helped my grade so much
wrote...
#3
5 years ago
Perfect
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1245 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 260
  
 142
  
 1027