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Using the aggregate supply and demand model

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Using the aggregate supply and demand model, analyze the effect of a more restrictive immigration policy in the U.S. on the following;The real wage rate;The level of unemployment;The rate of inflation;Economic growth;Discuss the pros and cons of such a policy from a short-run versus a long-run perspective. Also, include a discussion of the Phillips curve in your analysis.

 

Paper#29557 | Written in 18-Jul-2015

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