According to standard theory, which of the following statements about immigration is true? Total value of world output increases, the average wage of the receiver country falls, and the average wage of the source country falls. Total value of world output decreases, the average wage of the receiver country rises, and the average wage of the source country falls. Total value of world output increases, the average wage of the receiver country falls, and the average wage of the source country increases. Total value of world output increases, the average wage of the receiver country increases, and the average wage of the source country increases. O000

According to standard theory, which of the following statements about immigration is true? Total value of world output increases, the average wage of the receiver country falls, and the average wage of the source country falls. Total value of world output decreases, the average wage of the receiver country rises, and the average wage of the source country falls. Total value of world output increases, the average wage of the receiver country falls, and the average wage of the source country increases. Total value of world output increases, the average wage of the receiver country increases, and the average wage of the source country increases. O000

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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