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.