The 2010 Deep water Horizon oil spill in the Gulf of Mexico caused a huge increase in the number of...
The 2010 Deep water Horizon oil spill in the Gulf of Mexico caused a huge increase in the number of workers hired to assist in the cleanup effort. what impact would this have on local wages,all else constant? Use a graph of supply and demand in the market for oil cleanup as well as in the market for all other similarly-skilled labor services. Would you anticipate an increase in workers migrating there to assist in the cleanup? Why or why not?
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