Multiple Choice
One example of emigration from Europe was during the period between 1870 and 1913. Wages grew rather than declined in the destination nations of the United States, Canada, and Australia. Why?
A) The economic theory did not predict well.
B) Workers from Europe were highly skilled and raised the equilibrium wage.
C) The government stepped in and raised the minimum wage.
D) Wages rose due to the industrial revolution and higher levels of capital but grew more slowly because of the immigration.
Correct Answer:

Verified
Correct Answer:
Verified
Q105: Because most immigrants into the United States
Q106: Which of the following is a key
Q107: In an economy with two industries, what
Q108: Consider an economy that only produces steel
Q109: The short-run model that allows labor to
Q111: Which of the following statements describes the
Q112: Measuring the effects of labor migration shows:<br>A)
Q113: Large numbers of Pakistani, Indian, Bangladeshi, and
Q114: In the specific-factors model, immigration causes:<br>A) a
Q115: The H1-B visa program is designed:<br>A) to