What will happen to us potential gdp and employment, Microeconomics

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What will happen to us potential gdp and employment

Suppose that the United States cracks down on illegal immigrants and returns millions of workers to their home countries.

a. Explain what will happen to U.S. potential GDP, employment, and real wage rate.

b. Explain what will happen in the countries to which the immigrants return to potential GDP, employment, and the real wage rate.

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Microeconomics: What will happen to us potential gdp and employment

Reference No:- TGS046304

Have a Question? (oR Write a Review)

Recent Questions Asked Microeconomics

Q : Describe cost category as fixed or variable

Q : What is operating roa

Q : Engineer concern about the overhead rate

Q : Conditions necessary for efficiency for a pure public good

Q : What will happen to us potential gdp and employment

Q : Conditions necessary for efficiency for a pure public good

Q : Determine the tax consequences

Q : What happens to output y and consumption c

Q : What was the bonus percentage offered to the employees

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Request for Solution File

Ask an Expert for Answer!!

Microeconomics: What will happen to us potential gdp and employment

Reference No:- TGS046304

Recent Questions Asked Microeconomics

Q : Describe cost category as fixed or variable

Q : What is operating roa

Q : Engineer concern about the overhead rate

Q : Conditions necessary for efficiency for a pure public good

Q : What will happen to us potential gdp and employment

Q : Conditions necessary for efficiency for a pure public good

Q : Determine the tax consequences

Q : What happens to output y and consumption c

Q : What was the bonus percentage offered to the employees

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