1.Briefly describe the evidence on immigration’s impact on wages of natives.
2.Suppose there is only one firm hiring labor in a given town. What is this called? Now, draw a graph explaining how this firm decides how many people to hire. Next, show the effect of adding a minimum wage in this market.
1) When immigrants enter a nation, the supply of labor will increase. As a result, labor supply curve willshift to the right causing equilibrium labor to increase but with a consequence of…
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