Question 1

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 2

Specific job training

Accepted Answer

A) allows for more inter-industry job mobility. 
B) raises entry level wages for the untrained. 
C) leads to lower turnover. 
D) discourages workers from earning seniority. 
E) leads to a greater willingness by firms to lay off workers. 
A) allows for more inter-industry job mobility. 
B) raises entry level wages for the untrained. 
C) leads to lower turnover. 
D) discourages workers from earning seniority. 
E) leads to a greater willingness by firms to lay off 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

The Roy model concerns

Accepted Answer

A) the skill-selection associated with immigration flows. 
B) specific on-the-job training. 
C) general training. 
D) the age-earnings profile. 
E) the cost-benefit analysis of layoffs or quits. 
A) the skill-selection associated with immigration flows. 
B) specific on-the-job training. 
C) general training. 
D) the age-earnings profile. 
E) the cost-benefit analysis of layoffs or quits.

Question 5

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 6

Which of the following regarding internal migration in the United States is not true?

Accepted Answer

A) Migration is more common among younger workers compared to older workers. 
B) Migration is more common among educated workers compared to uneducated workers. 
C) Migration equalizes wages across regions. 
D) Empirically the mystery is why there is not more internal migration, not why there is not less. 
E) Repeat and return migration are rational decisions and routinely occur. 
A) Migration is more common among younger workers compared to older workers. 
B) Migration is more common among educated workers compared to uneducated workers. 
C) Migration equalizes wages across regions. 
D) Empirically the mystery is why there is not more internal migration, not why there is not less. 
E) Repeat and return migration are rational decisions and routinely occur.

Question 7

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 8

If the supply of unskilled domestic labor and the supply of unskilled immigrant labor are both perfectly inelastic, then the typical market equilibrium will be such that:

Accepted Answer

A) Immigrant labor will replace domestic labor. 
B) The perfectly inelastic supply of unskilled domestic labor will prevent the hiring of any unskilled immigrant labor. 
C) The post-immigration equilibrium will be associated with lower wages being paid to the unskilled immigrants compared to the wages paid to unskilled domestic labor. 
D) Wages paid to unskilled domestic labor will be less under immigration than under no immigration. 
E) Labor demand will shift out with increased immigration. 
A) Immigrant labor will replace domestic labor. 
B) The perfectly inelastic supply of unskilled domestic labor will prevent the hiring of any unskilled immigrant labor. 
C) The post-immigration equilibrium will be associated with lower wages being paid to the unskilled immigrants compared to the wages paid to unskilled domestic labor. 
D) Wages paid to unskilled domestic labor will be less under immigration than under no immigration. 
E) Labor demand will shift out with increased immigration.

Question 9

If the supply of unskilled domestic labor and the supply of unskilled immigrant labor are both perfectly inelastic, then the immigration surplus to the domestic economy can be estimated by:

Accepted Answer

A) The number of immigrants times the new wage rate. 
B) The total number of workers under immigration times the difference in the old and new wage rates. 
C) One half of the number of immigrants times the new wage rate. 
D) One half of the number of immigrants times the difference in the old and new wage rates. 
E) National income minus government spending on immigration programs. 
A) The number of immigrants times the new wage rate. 
B) The total number of workers under immigration times the difference in the old and new wage rates. 
C) One half of the number of immigrants times the new wage rate. 
D) One half of the number of immigrants times the difference in the old and new wage rates. 
E) National income minus government spending on immigration programs.

Question 10

The distribution of skills is the same in Low Rock as it is in High Rock.The return to each unit of skill is the same in Low Rock, regardless of how much skill one has.The returns to skill in High Rock, however, depend on one's skill level.Workers at the low end of the skill distribution in High Rock receive very little return on their skills (less than they would receive in Low Rock), while workers at the high end of the skill distribution in High Rock receive a very high return on their skills (more than they would receive in Low Rock).Assuming that people are free to migrate from Low Rock to High Rock but not the other way around, the Roy model predicts which of the following outcomes?

Accepted Answer

A) The average skill level in Low Rock will increase, while the average skill level in High Rock will decrease. 
B) The average skill level in Low Rock will decrease, while the average skill level in High Rock will increase. 
C) The average skill level in Low Rock will remain unchanged, but the average skill level in High Rock will increase. 
D) The average skill level will increase in both locations. 
E) The average skill level will decrease in both locations. 
A) The average skill level in Low Rock will increase, while the average skill level in High Rock will decrease. 
B) The average skill level in Low Rock will decrease, while the average skill level in High Rock will increase. 
C) The average skill level in Low Rock will remain unchanged, but the average skill level in High Rock will increase. 
D) The average skill level will increase in both locations. 
E) The average skill level will decrease in both locations.

Which statement is true?

Specific job training

Which of the following is true?

The Roy model concerns

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

Which of the following regarding internal migration in the United States is not true?

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

If the supply of unskilled domestic labor and the supply of unskilled immigrant labor are both perfectly inelastic, then the typical market equilibrium will be such that:

If the supply of unskilled domestic labor and the supply of unskilled immigrant labor are both perfectly inelastic, then the immigration surplus to the domestic economy can be estimated by:

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 statement is true?

Specific job training

Which of the following is true?

The Roy model concerns

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

Which of the following regarding internal migration in the United States is not true?

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

If the supply of unskilled domestic labor and the supply of unskilled immigrant labor are both perfectly inelastic, then the typical market equilibrium will be such that:

If the supply of unskilled domestic labor and the supply of unskilled immigrant labor are both perfectly inelastic, then the immigration surplus to the domestic economy can be estimated by:

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