All Else Equal,a Worker Is Less Likely to Move

question 42

Multiple Choice

All else equal,a worker is less likely to move:

• A)the smaller the wage differential between the destination and the origin
• B)the lower the discount rate
• C)the greater the number of years one expects to remain in the new location
• D)the lower the indirect costs of migrating

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Definitions:

Accessible

Describes something that is easily approachable, obtainable, or usable by individuals, emphasizing ease of use or understanding.

Recently Learned

Pertains to knowledge or skills that one has acquired not long ago, emphasizing recent improvement or education.

Inconsistent

Lacking consistency, uniformity, or agreement, often resulting in unpredictability or incongruity in actions, values, or principles.

Cognitive Closure

The human desire to have a clear, definite answer to a question or decision, avoiding ambiguity.