Which of the Following Is True About Contemporary Migration Patterns? ​

question 7

Multiple Choice

Which of the following is true about contemporary migration patterns? ​

• A)​the number of people living outside their country of birth is larger than at any other time in history
• B)​migrants account for approximately  12% of the world population
• C)​affects primarily the social lives of the migrants rather than the families left behind
• D)​none of these

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Definitions:

Excess Demand

A market condition where the quantity demanded of a good exceeds the quantity supplied, leading to shortages.

Good

A tangible item or product that fulfills a need or desire and is available for purchase.

Price Ceiling

A price ceiling is a government-imposed limit on how high a price can be charged on a product or service, intended to protect consumers from high prices.

Equilibrium Price

The price at which the quantity of a good or service demanded equals the quantity supplied, resulting in market stability.