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

question 104

Multiple Choice

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

• A) There will be an increase in production of the labor-intensive good.
• B) Wages will fall.
• C) Returns to capital will increase.
• D) None of these is the long-run effect.

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Definitions:

Bodily Harm

Physical injury or damage inflicted on a person's body.

Employer Retaliation

Punitive actions taken by an employer against an employee who has engaged in legally protected activity, such as whistleblowing or filing a complaint.

Federal Wage-Hour Requirements

Regulations set by the government that establish minimum wage, overtime pay eligibility, and other standards for workers.

Interstate Commerce

Economic activities or transactions that cross state borders or affect more than one state, subject to federal regulation.