Problem
After you have studied Economics in the News on pp. 430 - 431, answer the following questions.
a. If foreign migration into Alberta is decreased by tightening the screening of foreign workers, how will the supply of labour, the demand for labour, and the wage rate change?
b. Draw a graph to illustrate the outcome you've described.
c. How would you expect inward migration from the rest of Canada to be influenced by tighter foreign worker regulation?
d. Draw a graph to illustrate the outcome you've described.
e. Why would the wages of food service workers have increased by less than the average wage rate? Hint: Oil workers migrate with family members.
f. Draw a graph to illustrate your explanation for the wages of food service workers.
g. Who gains and who loses from tighter foreign worker regulation? Illustrate your answer with a graph.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.