Chose the trrue statement. a. Sincce the mid 1800ss , Unitedd States of America has experienced substantial migration in workforce in the following order: From service sector to agriculture, and then from agriculture to manufacturing. b. Moderniization or advances in technology, and smarrter processes are example factors that have increased manufacturing productivity in the US. c. The Clarrk-Fisher hypothhesis implies that as productivity increases in one sector, the labor force moves to another sector. d. b and c are true.

Chose the trrue statement. a. Sincce the mid 1800ss , Unitedd States of America has experienced substantial migration in workforce in the following order: From service sector to agriculture, and then from agriculture to manufacturing. b. Moderniization or advances in technology, and smarrter processes are example factors that have increased manufacturing productivity in the US. c. The Clarrk-Fisher hypothhesis implies that as productivity increases in one sector, the labor force moves to another sector. d. b and c are true.

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter3: Scarcity, Trade-offs, And Production Possibilities

Section: Chapter Questions

Problem 3P

See similar textbooks

Similar questions

Explain what the Industrial Revolution was and where it began.
dont use chatgpt answer In the specific-factors model, labor migration from Mexico to the United States will cause _________ in U.S. low-skilled wages and _________ in Mexican low-skilled wages. A) increases; decreases B) increases; increases C) decreases; decreases D) decreases; increases
28. Older workers are: A. Much more likely to migrate than younger workers because older workers have lower moving costsB. Much less likely to migrate than younger workers because older workers are more likely to have children at homeC. Much more likely to migrate than younger workers because older workers have lower implicit costs of migratingD. Much more likely to migrate than younger workers because younger workers have stronger roots and ties to the local community
a. What does the expression “marginal product of labour” mean? b. Why do workers (skilled and unskilled) migrate from labour abundant countries to countries with a scarcity of labour? c. How has that migration of labour been of advantage to other countries?
1. What are THREE (3) major contributions that each Norman Manley and Michael ManleyClement Payne made to the development to the labour movement within their respective countries. i How are these contributions benefitting the labour force today?ii. If yes explain, if no explain. 2.Explain whether Norman Manley , Michael Manley and Clement Payne were adequately rewarded or honoured after the sacrifices they made by the respective governments. Share examples 3. What is ONE (1) female trade unionist and discuss the role she played in the trade union movement in the Caribbean.
kinda elaborate further on LABOUR SKILLS as a factor firms should consider when deciding to invest in a country
The unemployment rates in the US, Germany, Italy and France have been closely aligned over the last 35 years, and their differences have stayed roughly constant over timeA. TrueB. False
Which of the following best represents the distribution of labor in modern economies? A. 1/3 extraction, 1/3 manufacturing, 1/3 services B. 25% extraction, 25% manufacturing, 25% services, 25% other C. 5% extraction, 15% manufacturing, 80% services D. 10% extraction, 40% manufacturing, 50% services
How did current labor market in the United States change by covid?
A5 What is the response in a firm’s labour demand to a fall in the price of capital? How might such a change in the price of capital impact low and high skilled workers? Illustrate your answer with diagrams and / or a model.
Most of the jobs that were added to the American economy over the past thirty years were in which of the followingsectors?a. service and white-collarb. manufacturingc. miningd. skilled blue-collar
Assume that a economy holds two factors of production, human capital managed by native-born workers and low skilled migrants. If large migration of low skilled migrants occurs, how will the influence the earnings of low skilled migrant?