-Refer to the Graph Above

question 14

Multiple Choice

-Refer to the graph above. Points A, B, and C represent ________, ________, and ________, respectively.

• A) the global wage rate before migration; the wage rate in foreign after migration; the wage rate in home after migration
• B) the global wage rate before migration; the wage rate in home after migration; the wage rate in foreign after migration
• C) equilibrium wage rate after migration from foreign to home has occurred; the wage rate in home before migration; the wage rate in foreign before migration
• D) equilibrium wage rate after migration from home to foreign has occurred; the wage rate in foreign before migration; the wage rate in home before migration
• E) the wage rate in home before migration; the wage rate in home after migration; the wage rate in foreign after migration

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Definitions:

Formal Operations

A stage in Jean Piaget's theory of cognitive development where individuals gain the ability to think abstractly, logically, and systematically, typically beginning in adolescence.

Ability

The possession of the means or skill to do something or perform a task effectively.

Private Speech

Vocal communication that individuals direct to themselves, often used as a tool for thought processing and problem-solving, particularly in children.

Lev Vygotsky

A Soviet psychologist known for his work on cognitive development, particularly the sociocultural theory that children learn through interactions with their surrounding culture.