What would be the effect of foreign labor immigration

Assignment Help Microeconomics
Reference no: EM132131583

Question: Using the Specific Factors Model (i.e. Labor is mobile but Land and Capital are specific to agriculture and manufacturing) what would be the effect of foreign labor immigration on wage rate and the output of both sectors in the SHORT-RUN? Use PPF to illustrate. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132131583

Questions Cloud

Before-tax rate of interest on the mortgage loan : Calculate the before-tax rate of interest on the mortgage loan required to arrive at the estimate of the required rate of return.
Before-tax rate of interest on the mortgage loan : Calculate the before-tax rate of interest on the mortgage loan required to arrive at the estimate of the required rate of return.
Define slope and the position of an economic relationship : Using the relationship between the price of a visit to a physiotherapist and the quantity of visits demanded, define and distinguish among the direction.
Plan to save an equal amount year : You want to retire in 35 years. To fund the retirement, you deposit $25,000 into an account now, and you deposit $20,000 five years from now.
What would be the effect of foreign labor immigration : Using the Specific Factors Model (i.e. Labor is mobile but Land and Capital are specific to agriculture and manufacturing) what would be the effect of foreign.
What is the par value : A corporate bond is currently selling for $840. It has 5 years till maturity, 6% coupon, and YTM=10%. What is the par value?
Find out price of the bond if ytm : 6 year, 8% coupon bond with semi annual payments, Par Value = $1000.
Explain the effect on equilibrium price and quantity : Using a supply-and-demand graph and assuming competitive markets, show and explain the effect on equilibrium price and quantity of the following.
Find the modified internal rate of return : Find the modified internal rate of return (MIRR) The annual rate is 8.24%.

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd