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How can changes in the supply of labor affect real wages?
11-19-2012, 03:11 AM
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Anjaree Offline
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The real wage will decline due mainly to a surplus, or supply more than demand.But in the case of Union, it will have less effects.
Legal immigrant can increase real wage if the productivity increases.Or they can be a member of the Union.
No, it does not.The free market system does.
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[] - Anjaree - 11-19-2012 03:11 AM
[] - Dave B - 11-19-2012, 03:11 AM

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