Without Productivity Growth, What Is the Long-Run Effect of Labor

question 104

Multiple Choice

Without productivity growth, what is the long-run effect of labor migration on the receiving country?

• A) There will be an increase in production of the labor-intensive good.
• B) Wages will fall.
• C) Returns to capital will increase.
• D) None of these is the long-run effect.

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Definitions:

NaOH

Sodium Hydroxide, a strong base used in chemical manufacturing, paper making, and as a drain cleaner.

HCl

Hydrochloric acid, a diatomic molecule consisting of hydrogen and chlorine; a strong, corrosive acid commonly used in a variety of industrial and laboratory processes.

Molality

A metric indicating the amount of solute per unit weight of solvent, calculated in moles of solute per kilogram of solvent.

Molarity

The quantification of how much solute is present in a solution, represented by moles of solute per liter of solution.