Economics: Principles, Problems, and Policies, 19th Edition

by McConnell, Campbell R.; Brue, Stanley L.; Flynn, Sean M.

Published by McGraw-Hill Education

ISBN 10: 0073511447

ISBN 13: 978-0-07351-144-3

Chapter 22 - Immigration - Problems - Page 469: 2b

Answer

$\$6.625$ $11.6$ times

Work Step by Step

We determine the difference and the ratio between labor costs per hour: Difference: $\$7.25 − \$0.625 = \$6.625$ more per hour in the U.S. Ratio (times larger): $\$7.25 \div \$0.625 \approx 11.6$ times larger.

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