Question
For each of the following observed changes in wage rates and migration flows from the low-wage South to the high-wage North, describe one shift in
For each of the following observed changes in wage rates and migration flows from the low-wage South to the high-wage North, describe one shift in conditions that, by itself, could have caused the set of changes:
a.A rise in wage rates in both South and North, and additional migration from South to North.
b.A drop in wage rates in both South and North, and additional migration from South to North.
c.A drop in the northern wage rate, a rise in the southern wage rate, and additional migration from South to North.
Please explain them in detail. Thanks :)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started