Labor Economics
Labor Economics
8th Edition
ISBN: 9781260484434
Author: George Borjas
Publisher: Mcgraw-hill Higher Education (us)
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Chapter 8, Problem 2P

(a)

To determine

Determine how the given migration pattern can be due solely to differences in the distribution of wages.

(b)

To determine

Determine how this pattern of migration takes place even if the cost of migration is higher for high-wage workers.

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17. Given that C=$700+0.8Y, I=$300, G=$600, what is Y if Y=C+I+G?
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