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:

Generativity Versus Stagnation

A stage in Erik Erikson's theory of psychosocial development where middle-aged adults face the challenge of contributing to the next generation or feeling a lack of purpose.

Erik Erickson

A developmental psychologist known for his theory on the psychosocial development of human beings.

Middle Adulthood

A stage of life, typically considered to occur from around age 40 to 65, characterized by stability, maturity, and increased responsibility.

Internalizing Feelings

The process of keeping emotions and feelings within oneself instead of expressing them outwardly.