Suppose a nation opened its borders to the free flow of workers from other nations. How would this event likely affect the long-run aggregate supply (LRAS) curve and the production possibilities curve of the nation?

Respuesta :

Answer:

This event would likely decrease the long-run aggregate supply curve and the production possibilities curve of the nation.

Explanation:

If a nation open its borders to the free flow of workers from other nations, the long-run aggregate supply curve would no longer be lineal, the increase on the foreign competitive workforce would put the capacitated and adaptable national workforce in danger of being replaced.

ACCESS MORE