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SebKom SebKom
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6 years ago
One immigrant to country X increased her annual wage from $8000 (in her home country) to $10,000 in Country X. There are no costs to moving. At the same time, one native worker saw their wage fall from $15,000 to $10,000 because of the entry of the one immigrant into the labor market. The native worker was producing $16,000 worth of goods and the immigrant added another $11,000 worth of goods to total output. Both continue to work at $10,000. Given that nothing else happens, which of the following statements is true? Country X (not counting the immigrant) is
A) better off by $5000.
B) worse off by $5000.
C) better off by $1000.
D) worse off by $4000.
Textbook 
Modern Labor Economics: Theory and Public Policy

Modern Labor Economics: Theory and Public Policy


Edition: 12th
Authors:
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MattVMattV
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6 years ago
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SebKom Author
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6 years ago
Thanks for your help!!
kriggs62
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Yesterday
Correct Slight Smile TY
gefa
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2 hours ago
Thanks
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