Question 1

Which of the following statements is associated with the standard migration model?

Accepted Answer

A) Return migration signals that the mover regrets having made the initial move. 
B) Repeat migration signals that the mover regrets having made the initial move. 
C) Repeat migration signals that the mover is moving for job-related reasons. 
D) The decision to move is expected to increase the household's overall utility. 
E) Moving for job reasons is done at the expense of family desires. 
A) Return migration signals that the mover regrets having made the initial move. 
B) Repeat migration signals that the mover regrets having made the initial move. 
C) Repeat migration signals that the mover is moving for job-related reasons. 
D) The decision to move is expected to increase the household's overall utility. 
E) Moving for job reasons is done at the expense of family desires.

Question 2

What is a likely explanation as to why workers who have been on the job for a long time earn more than newly hired workers?

Accepted Answer

A) Because workers in bad job matches tend to stay on the job longer. 
B) Because workers in long-lasting job matches accumulate specific training over time, which increases the workers' productivity. 
C) Because the positive effects of general training on education erode over time. 
D) Young workers are more productive than older workers. 
E) U.S. law requires older workers to be paid more than younger workers. 
A) Because workers in bad job matches tend to stay on the job longer. 
B) Because workers in long-lasting job matches accumulate specific training over time, which increases the workers' productivity. 
C) Because the positive effects of general training on education erode over time. 
D) Young workers are more productive than older workers. 
E) U.S. law requires older workers to be paid more than younger workers.

Question 3

Which of the following is true?

Accepted Answer

A) A person might choose to not move because their family is better off by not moving, even though the person would individually be better off by moving. 
B) A family will move even though as a unit they are better off staying, as long as at least one member of the family is made better off by moving. 
C) When a family migrates, there may be both tied movers and tied stayers in the family. 
D) A repeat mover must have made a mistake in the initial move. 
E) Cultural assimilation is not included in migration costs. 
A) A person might choose to not move because their family is better off by not moving, even though the person would individually be better off by moving. 
B) A family will move even though as a unit they are better off staying, as long as at least one member of the family is made better off by moving. 
C) When a family migrates, there may be both tied movers and tied stayers in the family. 
D) A repeat mover must have made a mistake in the initial move. 
E) Cultural assimilation is not included in migration costs.

Question 4

Negative selection in a migration model means that

Accepted Answer

A) immigrants from the source country are highly skilled relative to labor in the destination country. 
B) immigrants from the source country are not highly skilled relative to labor in the destination country. 
C) all workers in the source country would earn a higher return on their skills if they would remain in the source country. 
D) all workers in the source country would earn a higher return on their skills if they would not immigrate to the destination country. 
E) anyone in the source country who can afford the cost of migrating to the destination country will do so. 
A) immigrants from the source country are highly skilled relative to labor in the destination country. 
B) immigrants from the source country are not highly skilled relative to labor in the destination country. 
C) all workers in the source country would earn a higher return on their skills if they would remain in the source country. 
D) all workers in the source country would earn a higher return on their skills if they would not immigrate to the destination country. 
E) anyone in the source country who can afford the cost of migrating to the destination country will do so.

Question 5

If a two-person household moves from Miami to Atlanta, which of the following can describe the household?

Accepted Answer

A) Both members of the households are tied movers. 
B) One member of the household is a tied stayer. 
C) One member of the household is a tied mover while the other is a tied stayer. 
D) Neither member of the household is a tied mover. 
E) Neither member of the household is a tied stayer. 
A) Both members of the households are tied movers. 
B) One member of the household is a tied stayer. 
C) One member of the household is a tied mover while the other is a tied stayer. 
D) Neither member of the household is a tied mover. 
E) Neither member of the household is a tied stayer.

Question 6

Which of the following is not likely to prevent some people from migrating?

Accepted Answer

A) Some people face high financial costs associated with migrating. 
B) Some people don't want to leave their family and friends. 
C) Having a spouse who has a very well-paying job in the current location. 
D) Having a lucrative job offer in a different city. 
E) Having a teenage child who does not want to change high schools. 
A) Some people face high financial costs associated with migrating. 
B) Some people don't want to leave their family and friends. 
C) Having a spouse who has a very well-paying job in the current location. 
D) Having a lucrative job offer in a different city. 
E) Having a teenage child who does not want to change high schools.

Question 7

Assuming labor demand is downward sloping and that the labor market is competitive, what happens to national income as a result in immigration?

Accepted Answer

A) National income increases by more than the total earnings of immigrants. 
B) National income increases by less than the total earnings of immigrants. 
C) National income decreases by more than the total earnings of immigrants. 
D) National income decreases by less than the total earnings of immigrants. 
E) Immigrants have no effect on national income because they are not citizens. 
A) National income increases by more than the total earnings of immigrants. 
B) National income increases by less than the total earnings of immigrants. 
C) National income decreases by more than the total earnings of immigrants. 
D) National income decreases by less than the total earnings of immigrants. 
E) Immigrants have no effect on national income because they are not citizens.

Question 8

Which statement is true?

Accepted Answer

A) The rate of job loss is unrelated to education. 
B) The rate of job loss is highest for the least educated. 
C) The rate of job loss is highest for the most educated. 
D) The rate of job growth always exceeds the rate of job loss. 
E) The rate of job growth always equals the rate of job loss. 
A) The rate of job loss is unrelated to education. 
B) The rate of job loss is highest for the least educated. 
C) The rate of job loss is highest for the most educated. 
D) The rate of job growth always exceeds the rate of job loss. 
E) The rate of job growth always equals the rate of job loss.

Question 9

The human capital externality refers to

Accepted Answer

A) an additional tax placed on institutions of higher learning. 
B) the government's subsidization of institutions of higher learning. 
C) the quality of the environment in which one lives. 
D) the cohort affect from selection bias. 
E) the environmental costs associated with rapid population growth. 
A) an additional tax placed on institutions of higher learning. 
B) the government's subsidization of institutions of higher learning. 
C) the quality of the environment in which one lives. 
D) the cohort affect from selection bias. 
E) the environmental costs associated with rapid population growth.

Question 10

A couple is considering moving to Tampa from Chicago. The cost of moving for Crystal is $300 while the cost of moving for Amelia is $600. Crystal earns $500 in Chicago and $550 in Tampa. Amelia earns $200 in Chicago and $1000 in Tampa. Will they move as a couple?

Accepted Answer

A) Yes, because they would earn $1,550 in Tampa but only $700 in Chicago. 
B) Yes, because they receive a net gain of $150 by moving to Tampa. 
C) Yes, because the joint cost of moving ($900) exceed what they could earn in Chicago ($700). 
D) No, because they would lose $50 by moving to Tampa when all benefits and costs are taken into account. 
E) No, because neither person would choose to move to Tampa on their own. 
A) Yes, because they would earn $1,550 in Tampa but only $700 in Chicago. 
B) Yes, because they receive a net gain of $150 by moving to Tampa. 
C) Yes, because the joint cost of moving ($900) exceed what they could earn in Chicago ($700). 
D) No, because they would lose $50 by moving to Tampa when all benefits and costs are taken into account. 
E) No, because neither person would choose to move to Tampa on their own.

Which of the following statements is associated with the standard migration model?

What is a likely explanation as to why workers who have been on the job for a long time earn more than newly hired workers?

Which of the following is true?

Negative selection in a migration model means that

If a two-person household moves from Miami to Atlanta, which of the following can describe the household?

Which of the following is not likely to prevent some people from migrating?

Assuming labor demand is downward sloping and that the labor market is competitive, what happens to national income as a result in immigration?

Which statement is true?

The human capital externality refers to

A couple is considering moving to Tampa from Chicago. The cost of moving for Crystal is $300 while the cost of moving for Amelia is $600. Crystal earns $500 in Chicago and $550 in Tampa. Amelia earns $200 in Chicago and $1000 in Tampa. Will they move as a couple?

Introduction to Labor Economics

Labor Supply

Labor Demand

Labor Market Equilibrium

Compensating Wage Differentials

Human Capital

The Wage Structure

Labor Market Discrimination

Labor Unions

Incentive Pay

Unemployment

Filters

Exam 8: Labor Mobility

Which of the following statements is associated with the standard migration model?

What is a likely explanation as to why workers who have been on the job for a long time earn more than newly hired workers?

Which of the following is true?

Negative selection in a migration model means that

If a two-person household moves from Miami to Atlanta, which of the following can describe the household?

Which of the following is not likely to prevent some people from migrating?

Assuming labor demand is downward sloping and that the labor market is competitive, what happens to national income as a result in immigration?

Which statement is true?

The human capital externality refers to

A couple is considering moving to Tampa from Chicago. The cost of moving for Crystal is $300 while the cost of moving for Amelia is $600. Crystal earns $500 in Chicago and $550 in Tampa. Amelia earns $200 in Chicago and $1000 in Tampa. Will they move as a couple?

Introduction to Labor Economics

Labor Supply

Labor Demand

Labor Market Equilibrium

Compensating Wage Differentials

Human Capital

The Wage Structure

Labor Market Discrimination

Labor Unions

Incentive Pay

Unemployment

Filters