Answer to Question #66848 in Macroeconomics for jane

Question #66848
Use the neoclassical theory of distribution to predict the impact on the real wage (w) and
real rental price of capital (r) of each of the following events.
(a) A wave of immigration increases the labor force.
(b) An earthquake destroys some of the capital stock.
1
Expert's answer
2017-03-27T15:58:06-0400
The answer to the question is available in the PDF file https://www.assignmentexpert.com/https://www.assignmentexpert.com/homework-answers/economics-answer-66848.pdf

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