If there is a sudden increase in the labor force due to


Question - Assume an economy in which the level of technology and the stock of capital are fixed. If there is a sudden increase in the labor force due to immigration, how would the standard of living be affected? Would a difference if the increase in the labor force were instead cased by a higher labor force participation rate of women?

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Accounting Basics: If there is a sudden increase in the labor force due to
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