Without Productivity Growth, What Is the Long­run

question 59

Multiple Choice

Without productivity growth, what is the long­run
Effect of labor migration on the receiving country?

• A)There will be an increase in production of the labor­intensive good.
• B)Wages will fall.
• C)Returns to capital will increase.
• D)None of these is the long­run effect.

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Definitions:

Appropriate Time

The most suitable or optimal moment to carry out an action or event.

Self-description

The process by which individuals convey their own attributes, characteristics, and experiences through verbal or written communication.

Johari Window

A psychological tool used to help people better understand their relationship with themselves and others, involving four quadrants that represent known and unknown aspects of our personality.

Open Area

A space that is accessible and not enclosed, often referring to public or communal spaces.