The figure shows the U.S. supply of labor curve. What would be the effect on the labor supply curve of U.S. policies that restrict immigration? O A. A rightward shift of the supply of labor curve O B. A movement downward along the supply of labor curve from a point such as A to a point such as B O C. A movement upward along the supply of labor curve from a point such as C to a point such as B O D. E. A leftward shift of the supply of labor curve None of the above answers are correct because there would be no change in the supply of labor curve. Real wage rate (2009 dollars per hour) 100 75 50 25 O 100 LS 200 300 400 Labor (billions of hours per year)
The figure shows the U.S. supply of labor curve. What would be the effect on the labor supply curve of U.S. policies that restrict immigration? O A. A rightward shift of the supply of labor curve O B. A movement downward along the supply of labor curve from a point such as A to a point such as B O C. A movement upward along the supply of labor curve from a point such as C to a point such as B O D. E. A leftward shift of the supply of labor curve None of the above answers are correct because there would be no change in the supply of labor curve. Real wage rate (2009 dollars per hour) 100 75 50 25 O 100 LS 200 300 400 Labor (billions of hours per year)
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter14: Labor Markets And Income
Section: Chapter Questions
Problem 3SCQ: Table 14.12 shows the quantity demanded and supplied in the labor market for driving city buses in...
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Transcribed Image Text:The figure shows the U.S. supply of labor curve. What would be the effect on the labor
supply curve of U.S. policies that restrict immigration?
O A. A rightward shift of the supply of labor curve
O B. A movement downward along the supply of labor curve from a point such as A to
a point such as B
O C. A movement upward along the supply of labor curve from a point such as C to a
point such as B
O D. A leftward shift of the supply of labor curve
OE. None of the above answers are correct because there would be no change in the
supply of labor curve.
Real wage rate (2009 dollars per hour)
100
75
50
25
0
100
LS
+
400
200
300
Labor (billions of hours per year)
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