Question: Please answer fast in a clear and concise manner. Draft an essay on the internal and external selection process. Identify the differences between each process.

Please answer fast in a clear and concise manner. Draft an essay on the internal and external selection process. Identify the differences between each process. Include in your discussion the advantages and disadvantages of each mode of selection

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=+ b. How would this change in productivity affect the labor marketthat is, employment, unemployment, and real wagesif the labor market is always in equilibrium?

=+ 6. Suppose that a country experiences a reduction in productivitythat is, an adverse shock to the production function.

=+is the impulse to work less, because greater incomes mean workers can afford to consume more leisure. The substitution effect is the impulse