PRINCIPLES OF MACROECONOMICS(LOOSELEAF)
7th Edition
ISBN: 9781260110920
Author: Frank
Publisher: MCG
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Question
Chapter 16, Problem 5P
(a)
To determine
Identify the earning of foreign workers.
(b)
To determine
Describe the exports and imports of the US, in the case of open trade.
(c)
To determine
Identify the real income of US workers after opening to trade.
(d)
To determine
Describe the policy response help the workers, if it costly for workers to change industries in the short run.
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Chapter 16 Solutions
PRINCIPLES OF MACROECONOMICS(LOOSELEAF)
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