Which of the Following Statements About Migration Is Not True

question 16

Multiple Choice

Which of the following statements about migration is not true?

• A)Migration is greater among younger workers compared to older workers, because older workers have a shorter period in which to benefit from the returns to migration.
• B)Migration is greater among highly educated workers compared to less educated workers, because the returns to education for highly-educated workers vary much more from location to location than for workers with low levels of education.
• C)Migration is greater among married couples compared to single-person households, because migration costs are less for married couples.
• D)A tied-stayer is someone who would move if he or she were single.
• E)Migration is greater among people who like the adventure of moving compared to people who do not like the adventure of moving, because the psychic costs of moving are less for those who enjoy moving.

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Definitions:

Sacrifice Ratio

The number of percentage points of annual output lost in the process of reducing inflation by 1 percentage point.

Inflation

An increase in the overall level of prices in the economy

Output

The amount of goods or services produced by a firm, industry, or economy over a given period.

Sacrifice Ratio

A measure of the economic cost of reducing inflation, calculated as the percentage of annual output lost per one percentage point reduction in inflation.