Canadians are worried. Many of their bright and educated young people head south to the United States to find employment. Why would they do that?
Answer to relevant QuestionsWhen the price of houses increases, the wage rates for housing construction workers increase. What is the connection? Suppose Eastern European economies, following the collapse of Soviet power in Europe, begin to demand more farm goods from Canada. What impact, if any, would you expect this new demand to have on farm wage rates in Canada? Suppose the price of leather gloves is $12. Graph a demand curve for leather-glove laborers from the following data concerning their total physical product: Discuss the trade-offs unions face negotiating for higher wage rates and levels of employment. You have many options concerning what to do with your income. You could spend it or save it or do some of both. What would motivate you to increase the quantity you save? How does your saving behavior relate to the loanable ...
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