Global Migrants Are Likely to Be Which of the Following

question 21

Multiple Choice

Global migrants are likely to be which of the following?

• A) Victims of war
• B) Legal and illegal workers searching for work
• C) Low-wage workers
• D) All of the above

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Definitions:

Wage

The fixed regular payment, typically calculated on an hourly, daily, or piecework basis, made by an employer to an employee, especially to a manual or unskilled worker.

Executive Compensation

Refers to the financial payments and non-monetary benefits provided to high-level management in a corporation, which may include salary, bonuses, stock options, and other benefits.

Real Wage

The wage adjusted for inflation, representing the purchasing power of the wage.

Nominal Wage

The wage paid to employees in current dollars, not adjusted for inflation, representing the face value of earned income.