A. impoverished countries to impoverished countries
B. impoverished countries to wealthy countries
C. wealthy countries to wealthy countries
D. wealthy countries to impoverished countries
Related Mcqs:
- If the total product of two workers is 80 and the total product of 3 workers is 90 then the average product of the third worker is ________ and the marginal product of the third worker is _________?
A. 160; 270
B. 10; 30
C. 10; 3.33
D. 30; 10 - The migration of employable workers from low-paying nations to high-paying nations tends to decrease ?
A. total wage income in the world
B. wage disparities
C. business or capitalist income in the world
D. the productivity of labor - The migration of employable workers from low-paying nations to high-paying nations will ?
A. decrease wage rates in the low-paying nations
B. decrease productivity and real output in the world
C. increase business or capitalist incomes in the high-paying nations
D. increase business or capitalist incomes in the low-paying nations - Different workers or group of workers separate the production works and trade into__________processes. What this separation is called?
A. Divided Labor
B. Closed shop
C. Division of Labor
D. Open shop - Which of the following is not true with regard to workers who have a high value of marginal product? These workers ?
A. have skills that are in relatively scarce supply
B. produce output for which there is great demand
C. usually have little capital with which to work
D. are usually highly paid - Economists have hypothesized that the widening gap between the wages of unskilled workers and skilled workers may be due to ?
A. decrease in the demand for unskilled workers because of increases in technology and increases in international trade
B. increase in the number of unskilled workers available due to immigration into the UK.
C. decrease in the demand for unskilled workers are more poorly educated
D. increase in the number of unskilled workers available because workers are more poorly educated - Which of the following help explain why firms pay bonuses to workers during particularly profitable years to prevent workers from becoming disgruntled ?
A. people are rational maximizers
B. People are reluctant to change their minds
C. People are inconsistent over time
D. People care about fairness - During the Great Depression workers in DCs who took inferior jobs as a result of being laid off were known as ?
A. disguised unemployed
B. cyclical unemployed
C. seasonally unemployed
D. voluntarily unemployed - The simplest explanation based on Lewis’s model for rural-urban migration is ?
A. That people migrate when urban wages exceed rural wages
B. a higher expected income in urban areas
C. better infrastructure in urban areas
D. the availability of labor-intensive jobs in urban areas - Which of the following is not TRUE about rural urban migration ?
A. Migration to the cities is a larger contributor than natural population growth to urban labor growth is sub Saharan Africa
B. In Latin America natural population increase is the major source of urban growth
C. From 1975 to 2000 the number of cities in LDC with populations over 1 million increased from 20 to 50
D. The urban share of total LDC population grew from 27 percent in 1975 and 35 percent in 1992 to 40 percent in 2003
