Multiple Choice
Between 1870 and 1913, labor migration from the "Old World" (Europe) to the "New World" (the United States, Canada, and Australia) caused:
A) real wages to rise faster in the New World.
B) real wages to fall faster in the Old World.
C) real wages to diverge between the New and Old Worlds.
D) real wages to converge between the New and Old Worlds.
Correct Answer:
Verified
Correct Answer:
Verified
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