Since the announcement of several new policies during the pandemic, the migration of foreign labor has halted and caused a huge drop in the number of foreign labor in Malaysia. At the same time, the government is providing a lot of other incentives to the firm to increase the employment of domestic labor. Based on the following situations, using an appropriate diagram, show and explain the impacts on the level of wages and the number of employment in Malaysia

Since the announcement of several new policies during the pandemic, the migration of foreign labor has halted and caused a huge drop in the number of foreign labor in Malaysia. At the same time, the government is providing a lot of other incentives to the firm to increase the employment of domestic labor. Based on the following situations, using an appropriate diagram, show and explain the impacts on the level of wages and the number of employment in Malaysia

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter16: The Markets For Labor, Capital, And Land

Section: Chapter Questions

Problem 14P

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