For the first time in two years, Big G (the cereal division of General Mills) raised cereal prices by 2 percent.
October 13, 2020
Which of the following would be considered a microeconomic topic?
October 13, 2020
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Perfect labor mobility would tend to equalize real wage rates in participating countries. In reality, complete wage equalization does not occur. Why?…

Perfect labor mobility would tend to equalize real wage rates in participating countries. In reality, complete wage equalization does not occur. Why? In addition, if stringent restrictions are imposed on migration, what will happen to capital in high wage countries? 

 

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