Suppose you observe the following change in the production possibility frontier of the economy: Car Software You know that software is intensive in high-skilled workers, while cars are intensive in low-skilled workers. Which influx of immigrants is most likely to have caused such change? O Low skilled immigrants O 50-50 mix of high skilled immigrants and low skilled immigrants O High-skilled immigrants O Not enough information

Suppose you observe the following change in the production possibility frontier of the economy: Car Software You know that software is intensive in high-skilled workers, while cars are intensive in low-skilled workers. Which influx of immigrants is most likely to have caused such change? O Low skilled immigrants O 50-50 mix of high skilled immigrants and low skilled immigrants O High-skilled immigrants O Not enough information

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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