Calculate how movement of two workers affects income


Using the numerical example in problem 5, assume now that Foreign limits immigration so that only 2 workers can move there from Home. Calculate how the movement of these two workers affects the income of five different groups:

a. Workers who were originally in Foreign
b. Foreign landowners
c. Workers who stay in Home
d. Home landowners e. The workers who do move

Request for Solution File

Ask an Expert for Answer!!
Microeconomics: Calculate how movement of two workers affects income
Reference No:- TGS059815

Expected delivery within 24 Hours