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Without Productivity Growth, What Is the Long-Run Effect of Labor

Question 156

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Without productivity growth, what is the long-run effect of labor migration?


A) There will be an increase in production in the sector using labor intensively.
B) There will be clear gains to owners of capital versus labor.
C) There will be clear gains to labor versus owners of capital.
D) There will be a shift of world resources toward the high-income nations.

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