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.
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2017-03-27T15:58:06-0400

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