Consider the graph of a labor market before and after an influx of immigrant workers. What impact does immigration have on the labor market in the long run? Price of Labor (Wage per hour). 333 2 0 E3 S before immigminn S Labor Force tefore inngration D ofter ingration bera migration Labor Force immagration LF, LF₂ Quantity of Labor (in millions of workers)
Consider the graph of a labor market before and after an influx of immigrant workers. What impact does immigration have on the labor market in the long run? Price of Labor (Wage per hour). 333 2 0 E3 S before immigminn S Labor Force tefore inngration D ofter ingration bera migration Labor Force immagration LF, LF₂ Quantity of Labor (in millions of workers)
Chapter30: The Labor Market
Section: Chapter Questions
Problem 6E
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Transcribed Image Text:Consider the graph of a labor market before and after an influx of immigrant workers.
What impact does immigration have on the labor market in the long run?
Price of Labor
(Wage per hour).
333
2
0
E3
S
before immigminn
S
Labor Force
tefore inngration
D
ofter ingration
bera migration
Labor Force
immagration
LF,
LF₂
Quantity of Labor
(in millions of workers)
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