Assume that an economy is in equilibrium when the arrival of immigrants causes an increase in the supply of labor.
Once the economy has adjusted to its new equilibrium, and assuming that the supply of capital remains unchanged, which of the following has decreased? A) the share of capital income in national income
B) the share of labor income in national income
C) national income
D) the rental price of capital
E) none of the above
Question 2
Refer to Figure 16.1. A decrease in the real price of capital goods is best represented by a movement from
A) point A to point B.
B) point B to point A.
C) point A to point C.
D) point C to point A.
Wilson and Simberloff's experiments on the equilibrium model of biogeography.
Primary production increases with an increase in total phosphorus concentration.
Mean scores for Erikson’s stage V (Identity) for two cohorts. Scores for both cohorts increase ...
IPCC Temperature Increase Predictions Relative to 1986-2005
Compression used to increase circulation when the athlete is clothed.
The Hardy–Weinberg Equilibrium