Sunday, December 4, 2016

Chapter 18

I would give this chapter a 1.5 out of 3 for difficulty. This is because it has a lot of broader explanations of concepts which I find to be easier, but it also seemed to cover a lot about how different factors affect the supply, demand, and wages of labor. One fact they talked about that I found interesting was how both the amount of workers in the market and the average wage of workers in the market has gone up over the past four decades. Another interesting idea was the information put forth about immigration and how it affects the economy. Up until this point I have mostly stayed neutral about my opinion on immigration as I didn't know too many of the adverse or positive affects. As we progress through these chapters I will keep my eyes open to see what else the effects of it are.

No comments:

Post a Comment