Influx of foreign labor, Macroeconomics

Assignment Help:

If a nation were to experience an influx of foreign labor into the market for corn production, the production possibilities frontier for the nation would:

a. shift inward due to the reduction in relative wages.

b. shift outward due to an increase in one factor of production.

c. stay right where it is because labor has nothing to do with the Heckscher-Ohlin model.

d. shift, but insufficient information has been provided to determine the direction of the shift.


Related Discussions:- Influx of foreign labor

Mtric, Rewrite the national-income model (3.23) in the format of (4.1), wit...

Rewrite the national-income model (3.23) in the format of (4.1), with Y as the first vari¬able. Write out the coefficient matrix and the constant vector.

Central banking, what are the qualitative methods of controling credit

what are the qualitative methods of controling credit

Estimate the length of pipe, Engineers sometimes add chlorine to pipes to d...

Engineers sometimes add chlorine to pipes to disinfect water. It is desired to achieve four logs of kill. This means that the effluent concentration of microorganisms is 10 -4 tim

Agency mortgage-backed securities, This release also states that the Federa...

This release also states that the Federal Reserve is in the process of purchasing $1.25 trillion of agency mortgage-backed securities and about $175 billion of agency debt. Additio

Find out the marginal utility-demand curve, 1.  What is law of diminishing ...

1.  What is law of diminishing marginal utility? 2.  Find out the marginal utility for the following schedule of consuming pizza Pizza consumed 0

Neoclassical view, Roles of government in controlling market forces under n...

Roles of government in controlling market forces under neoclassical view

Price of new equilibrium, Explain the adjustment to the new equilibrium pri...

Explain the adjustment to the new equilibrium price from an increase in demand.

Balance of payments, factors that causes the shifts in balance of payments...

factors that causes the shifts in balance of payments

Mathematical solution for, given the market demand curve is P=a-bQ and MC=D...

given the market demand curve is P=a-bQ and MC=D. derive mathematicaly a perfect compettition, B monopoloy, C, Cournot Duopoly, D cournot Tipopoly, E cournot quadropoly, F Stackleb

Write Your Message!

Captcha
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