Output in Rumantily is produced using capital and labor. There is initially a fixed amount of capital (K0), but the amount of labor may be varied in accordance with labor market conditions. What will happen to output per worker and total output in Rumantily if immigration rules are changed so that there is a sharp increase in the immigration of workers from other countries? Decrease, increase Decrease. Decrease Increase, increase Increase, decrease
Output in Rumantily is produced using capital and labor. There is initially a fixed amount of capital (K0), but the amount of labor may be varied in accordance with labor market conditions. What will happen to output per worker and total output in Rumantily if immigration rules are changed so that there is a sharp increase in the immigration of workers from other countries? Decrease, increase Decrease. Decrease Increase, increase Increase, decrease
Principles of Microeconomics (MindTap Course List)
8th Edition
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Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter18: The Markets For The Factor Of Production
Section: Chapter Questions
Problem 9PA
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114.) Output in Rumantily is produced using capital and labor. There is initially a fixed amount of capital (K0), but the amount of labor may be varied in accordance with labor market conditions.
What will happen to output per worker and total output in Rumantily if immigration rules are changed so that there is a sharp increase in the immigration of workers from other countries?
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Decrease, increase
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Decrease. Decrease |
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Increase, increase
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Increase, decrease |
Expert Solution
Step 1
Total output produced is the total product per period of time. Output per worker is the average product of labor. Total output divided by quantity of labor gives the output per worker.
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