Use Table 9.1 to determine the impact of wage-induced labor migration on a. The combined output of
Question:
a. The combined output of the two regions.
b. Capital versus wage income in the destination region.
c. The average wage rate in the origin region.
d. The total wage bill for the native workers in the destination region.
Transcribed Image Text:
Labor Market A Labor Market B (2A) VMPA Workers Annual Wage (2B) VMPB Workers Annual Wage (1a) (ЗА) VTPA (1в) (Зв) VTPB $ 21,000 $ 25,000 48,000 $25,000 $21,000 23,000 19,000 40,000 21,000 57,000 69,000 3 17,000 15,000 72,000 4 19,000 88,000 13,000 17,000 105,000 85,000 15,000 120,000 11,000 96,000 13,000 9,000 1 105,000 7,000 133,000 112,000) 11,000 144,000 9,000 153,000 9. 5,000 117,000 7,000 3,000 10 160,000 10 120,000 2. 3. 5.
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Related Book For
Contemporary Labor Economics
ISBN: 978-1259290602
11th Edition
Authors: Campbell R. McConnell, Stanley L. Brue, David Macpherson
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