The country of Zorabia witnesses a huge influx of unskilled illegal immigrants.
ID: 1235994 • Letter: T
Question
The country of Zorabia witnesses a huge influx of unskilled illegal immigrants. Which of the following will occur?Answer The equilibrium wage rate in Zorabia will fall. The equilibrium wage rate in the market for unskilled labor in Zorabia will fall. There will be excess demand for labor in the market for unskilled labor in Zorabia. There will be excess supply of labor in the job market for skilled workers. The equilibrium wage rate in Zorabia will fall. The equilibrium wage rate in the market for unskilled labor in Zorabia will fall. There will be excess demand for labor in the market for unskilled labor in Zorabia. There will be excess supply of labor in the job market for skilled workers. The equilibrium wage rate in Zorabia will fall. The equilibrium wage rate in the market for unskilled labor in Zorabia will fall. There will be excess demand for labor in the market for unskilled labor in Zorabia. There will be excess supply of labor in the job market for skilled workers.Explanation / Answer
The equilibrium wage rate in the market for unskilled labor in Zorabia will fall.