Assume immigrant labor is a substitute of native labor. Which of the following is true? Native workers benefit from a more elastic labor supply Employers benefit from a less elastic labor supply The post-immigration equilibrium wage is higher if the labor supply is the more inelastic Native workers work in occupations immigrants don’t have access to
Assume immigrant labor is a substitute of native labor. Which of the following is true? Native workers benefit from a more elastic labor supply Employers benefit from a less elastic labor supply The post-immigration equilibrium wage is higher if the labor supply is the more inelastic Native workers work in occupations immigrants don’t have access to
Chapter10: Labor Markets And Income Distribution
Section: Chapter Questions
Problem 8SQ
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- Assume immigrant labor is a substitute of native labor. Which of the following is true?
- Native workers benefit from a more elastic labor supply
- Employers benefit from a less elastic labor supply
- The post-immigration equilibrium wage is higher if the labor supply is the more inelastic
- Native workers work in occupations immigrants don’t have access to
- What is the main advantage of the earned income tax credit for the overall economy?
- It increases females’ wages
- It increases job creation
- It does not lead to a large drop in the labor supply of low-income workers
- All of the above
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