Without Productivity Growth, What Is the Long-Run Effect of Labor

question 156

Multiple Choice

Without productivity growth, what is the long-run effect of labor migration?

• A) There will be an increase in production in the sector using labor intensively.
• B) There will be clear gains to owners of capital versus labor.
• C) There will be clear gains to labor versus owners of capital.
• D) There will be a shift of world resources toward the high-income nations.

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