In an Economy with Two Industries, What Are the Long-Run

question 107

Multiple Choice

In an economy with two industries, what are the long-run effects of increased immigration upon employment in each industry?

• A) Employment will increase in both industries.
• B) There will be no change in employment in either industry.
• C) Employment will increase in one and decrease in the other.
• D) Wages will fall in both industries.

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Definitions:

Participative

Relating to a process that involves or encourages participation from all group members or stakeholders.

Humane-Oriented Values

Ethical principles emphasizing compassion, altruism, and concern for the well-being of others, typically guiding behavior in social and organizational contexts.

GLOBE Model

The GLOBE Model is a research framework that examines cross-cultural leadership and organizational behavior, focusing on societal culture's impact on work dynamics.

Direct Instructions

A teaching method that is structured, sequenced, and led by teachers involving explicit teaching and immediate feedback.