Examlex

Solved

The Figure Given Below Represents the Effects in the Labor

question 43

Multiple Choice

The figure given below represents the effects in the labor markets due to migration. Here the world has been divided into a high-income "North" (left panel) and a low-income "South" (right panel) . Dn and Sn are the labor demand and the labor supply curves in North. Ds and (Sr + Smig) are the labor demand and pre-migration labor supply curves in South. Sr is the post-migration labor supply curve in South. The value c is the cost of migrating. The figure given below represents the effects in the labor markets due to migration. Here the world has been divided into a high-income  North  (left panel)  and a low-income  South  (right panel) . D<sub>n</sub> and S<sub>n</sub> are the labor demand and the labor supply curves in North. D<sub>s</sub> and (S<sub>r</sub> + S<sub>mig</sub>)  are the labor demand and pre-migration labor supply curves in South. S<sub>r</sub> is the post-migration labor supply curve in South. The value c is the cost of migrating.   After migration of the workers, the workers in North earn _____ per hour and South workers earn _____ per hour. A) $6.75; $4.25 B) $8.00; $4.25 C) $6.75; $3.00 D) $8.00; $3.00 After migration of the workers, the workers in North earn _____ per hour and South workers earn _____ per hour.


Definitions:

Transmission

The act of conveying or spreading something from one place, person, or thing to another.

Infectious Chancre

A painless ulcer, typically acquired through sexual contact, that is a primary symptom of syphilis.

Syphilis

A sexually transmitted bacterial infection caused by Treponema pallidum, which can present in various stages and cause long-term complications if not treated.

Chlamydia

A common sexually transmitted infection (STI) caused by the bacterium Chlamydia trachomatis, often asymptomatic.

Related Questions