"Guest Worker" Programs Generally Result in Temporary Migration of Workers

question 36

Multiple Choice

"Guest worker" programs generally result in temporary migration of workers from

• A) wealthy nations to wealthy nations.
• B) wealthy nations to impoverished nations.
• C) impoverished nations to wealthy nations.
• D) impoverished nations to impoverished nations.

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Definitions:

Nonprice Rationing

Methods of distributing goods or services using criteria other than price, such as queues or rationing cards.

Price Ceiling

A government-imposed limit on how high a price is charged for a product, aimed at protecting consumers from rapid price increases.

Queuing

Waiting in line as a means of distributing goods and services: a nonprice rationing mechanism.

Excess Demand

A situation where the quantity demanded of a good or service exceeds its supply at the current price.