Article Summary Unlike in Many Nations, When the Financial Crisis Hit in Hit

question 230

Multiple Choice

Article Summary
Unlike in many nations, when the financial crisis hit in 2008 the Polish economy continued to grow, but due to a current slowdown in exports and domestic demand, Poland is expecting a large outflow of workers. Unemployment was expected to grow to 14 percent in Poland in 2013, and according to Krystyna Iglicka, a demographer at Lazarski University in Warsaw, "…Poles have always treated emigration as a way of improving their lot." Despite earning relatively low salaries in Western European countries, on average just over €2,000 (about $2,660) a month according to the National Bank of Poland, this is still four times more than workers would earn on average by staying in Poland. Iglicka predicts that between 500,000 and 800,000 Poles will emigrate from Poland over the next five years.
Source: Jan Cienski, "Poland braces for fresh exodus of workers," Washington Post, January 22, 2013.

-Refer to the Article Summary.If an outflow of workers leaves Poland with a smaller but more productive workforce and the capital per hour worked does not change,there will be ________ the per-worker production function in Poland.

• A)a movement up
• B)a movement down
• C)an upward shift of
• D)a downward shift of

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Definitions:

Permanent

Something that is intended to exist or function for an indefinite duration without significant change.

Formal Group

An intentionally structured group created within an organization, based on specific roles, tasks, and objectives, opposite to spontaneously formed informal groups.

Project Team

A group of individuals assembled to perform activities that contribute towards achieving a common task or project goal.