I need help with setting up and answering question e.
e. The US authorities know that wages for unskilled labor in the US will go down with the immigration of Mexican workers to the US. Suppose that the US authorities want to keep US wages at 69. How many Mexican workers should be allowed to enter to the US (i.e., how many work permits should the US government issue)?
Keeping wages at 69 it means there should me a huge labor supply in the US market level Considering... View the full answer