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Economic management — Question 2

QCAA 2020, Paper 1 · 1 mark

Q2 · 2020 · External assessmentUnclassified1 mark

QUESTION 2

Assume the Australian Government tightens regulations on working holiday visas. The economic effect of this policy would be (ceteris paribus)

(A) a fall in the supply of seasonal labour.

(B) arise in the supply of seasonal labour.

(C) a fall in the demand for seasonal labour.

(D) arise in the demand for seasonal labour.

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