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E Mind Tap Cengage Learning Internet Explorer gag 252798&nbNodeld-797313848; dep

ID: 2496447 • Letter: E

Question

E Mind Tap Cengage Learning Internet Explorer gag 252798&nbNodeld-797313848; deployment 48985810417126783174493118 &eISBN-9781305387638; !&parentld-79731574; MindTap The Labor Market Aplia Homework Due on Apr 10 at 11:59 PM EDT Back to Assignment Attempts Average: /5 Aa Aa E 5. Illegal immigration The following graph shows the unskilled labor market in a hypothetical economy. Suppose that the economy initially has a very strict immigration policy and intensely enforced borders. Therefore, there are no illegal immigrants. Now, suppose that the government cuts back on border enforcement. As a result, a large number of immigrants illegally cross the border looking for work. Assume almost all of the immigrants are unskilled laborers. Adjust the following graph to show how this impacts the unskilled labor market, all other things held constant. Tool tip: Click and drag one or both of the curves. Curves will snap into position, so if you try to move the curve and it snaps back to its original position, just try again and drag it a little farther. WAGE FOR UNSKILLED LABOR [Dollars] 24 Supply 20 Activity Information A-Z 7:39 PM 4/7/2016

Explanation / Answer

Answer to blank 1: increases

Answer to blank 2: $14

Answer to blank 3: increases

Answer to blank 4: increase