What effect would an increase in the wages of Indian workers have on the demand for American

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What effect would an increase in the wages of Indian workers have on the demand for American workers, ceteris paribus?

a. No effect on demand, because price changes affect quantity demanded, which would fall

b. The demand for American workers would decrease

c. The demand for American workers would increase

d. No effect on demand, because price changes affect quantity demanded, which would rise

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Introduction To Economics Social Issues And Economic Thinking

ISBN: 9780470574782

1st Edition

Authors: Wendy A. Stock

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Question Posted: Oct 28, 2023 08:52 AM

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What effect would an increase in the wages of Indian workers have on the demand for American

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An increase in the wages of Indian workers ceteris paribus all else being equal would likely have th...View the full answer

Introduction To Economics Social Issues And Economic Thinking

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