Suppose that the United States cracks down on illegal immigrants and returns millions of workers totheir home countries.Draw a labor supply curve and a labor demand curve for the United States. Label the curves LS, andLD0-Draw a point to show the equilibrium quantity of labor and the equilibrium real wage rate. Label it 1.Now suppose the United States returns millions of illegal immigrant workers to their home countries.Draw and label a curve that shows the effect of this return of workers.Draw a point to show the new equilibrium quantity of labor and the equilibrium real wage rate. Label it2.80-70-60-50-40-30-20-Real wage rate (2012 dollars per hour)10-0+0100200 300 400 500Labor (billions of hours per year)600>>> Draw only the objects specified in the question.Q

In the above graph, LD0 is the initial demand curve for labor, and LS0 is the initial supply curve…

Answered: Suppose that the United States cracks…

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter16: The Markets For Labor, Capital, And Land

Section: Chapter Questions

Problem 13P

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The graphs below show demand for labor in two countries, A and B, and several vertical labor supply curves. Use these diagrams to answer the question about the effects of migration from one country to the other in search of a higher wage. Let the amount of migration (change in labor supply) be equal to the (identical) horizontal distance between the supply curves in both graphs. Mig.png What is the effect of this migration on the welfare of workers who migrate? Group of answer choices They gain area (g+h) They gain area (a+b+c). They gain area (g+h+e) They gain area g
not use ai please
Question 4: International Factor MovementsExplain the effects of migration of labour between two nations. Use the figure below and the marginal product of labour concept to explain answer.
full answer to question c and e
Suppose that a large number of Canadian consultants decide to take employment in Europe due to better benefits and work environments at European companies. The following graph shows the labour market for consultants in Canada. Show the effect of the emigration on the Canadian labour market for consultants by shifting the labour demand curve, the labour supply curve, or both. Note: Select and drag one or both of the curves to the desired position. Curves will snap into position, so if you try to move a curve and it snaps back to its original position, just drag it a little farther. (?) O Supply Demand Supply Demand LABOUR WAGE
Assume that Home and Foreign produce two goods, TVs and cars, and use the information below to answer the following questions: Home Country Foreign Country Wage tv = 12. MPLtv =2 Wage*tv = ? MPL*tv =? P*tv = 3 Ptv = ? Wage c = ? Wage*c = 6 MPL*c =1 P*c = ? MPLc =? Pc=4 What is the marginal product of labor for TVs and cars in the Home country? What is the no-trade relative price of TVs at Home? What is the marginal product of labor for TVs and cars in the Foreign country? What is the no-trade relative price of TVs in Foreign? Suppose the world relative price of TVs in the trade equilibrium is PTV /PC = 1. Which good will each country export? Briefly explain why.
The graphs below show demand for labor in two countries, A and B, and several vertical labor supply curves. Use these diagrams to answer the question about the effects of migration from one country to the other in search of a higher wage. Let the amount of migration (change in labor supply) be equal to the (identical) horizontal distance between the supply curves in both graphs. Country B Country A Se SB WB SA SA WA d PB h b a DA LB LA What is the effect of this migration on the welfare of workers who migrate? They gain area g They gain area (g+h+e) They gain area (a+b+c). O They gain area (g+h)
please also do the graph. thank youuuu
Explain the effects of migration of labor between the two nations. Use the figure attached and the marginal product of labour concept to explain your answer.
Full answer to question a and b
Please assist
Equilibrium in the labour market depends on the demand for labour and the supply of labour. Graphically demonstrate how the supply of labour in the U.S. is affected by the increase in the labour force resulting from Mexican immigrants. What other factors that can cause the labour supply curve to shift?

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