Suppose That Workers Immigrate to Minnesota from Canada

question 174

Multiple Choice

Suppose that workers immigrate to Minnesota from Canada. Which of the following correctly describes what would happen in the market for labor in Minnesota?

• A)The equilibrium wage would increase, and the quantity of labor would increase.With more workers, the added output from an extra worker is larger.
• B)The equilibrium wage would decrease, and the quantity of labor would decrease.With fewer workers, the added output from an extra worker is smaller.
• C)The equilibrium wage would decrease, and the quantity of labor would increase.With more workers, the added output from an extra worker is smaller.
• D)The equilibrium wage would decrease, and the quantity of labor would increase.With more workers, the added output from an extra worker is larger.

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Definitions:

Economic Necessity

A situation where financial considerations compel a particular course of action, indicating that certain decisions are driven by economic rather than preferential factors.

Employment Opportunities

Available jobs or positions in the labor market that individuals can apply for in order to earn income.

Poverty Rate

The percentage of the population living below the national poverty line, indicating the proportion of individuals or families whose income falls short of the defined threshold for basic living costs.

Blue-collar Jobs

Occupations that typically involve manual labor or skilled trade tasks.