Imagine that you are a farmer working on a farm for wages of 10 per day. A friend of yours moved to the nearest city and is currently visiting you. He tells you that the minimum wage in the city is £30 per day (three times as much as your current wage ). He also tells you that about 25,000 people have jobs, and another 75,000 people are currently looking for jobs.
Another friend of yours points out that the costs of moving to the city are really high. You find out it would cost you about £30 to move . What would the Harris -Todaro model predict you do now?
Suppose you learn that your friend got his numbers mixed up, and you find out that 75,000 people have jobs , while 25, 000 are currently looking for jobs. Now would you move to the big city ? Explain.

Question

15-11-2020
Business

contestada

Imagine that you are a farmer working on a farm for wages of 10 per day. A friend of yours moved to the nearest city and is currently visiting you. He tells you that the minimum wage in the city is £30 per day (three times as much as your current wage ). He also tells you that about 25,000 people have jobs, and another 75,000 people are currently looking for jobs.
Another friend of yours points out that the costs of moving to the city are really high. You find out it would cost you about £30 to move . What would the Harris -Todaro model predict you do now?
Suppose you learn that your friend got his numbers mixed up, and you find out that 75,000 people have jobs , while 25, 000 are currently looking for jobs. Now would you move to the big city ? Explain.

Respuesta :

Otras preguntas

In at least two paragraphs, discuss how federalism allows states to govern their own unique needs of their population and whether this quote still applies to th

.Find the market ratios (stocks) for Microsoft Company for the last 1-3 years and its major competitor, Apple, Inc. for the last year in the Internet. Ratios: p

A teacher chose a set of 16 1616 numbers. She then asked her students to classify each number as a multiple of 3 33, a multiple of 4 44, both, or neither. Th

Which statement is true about the Slope of the Planned Expenditure line? Select one: O a. No statement is true O b. The Slope of the PE line cannot be determine

What are Brainly Points used for aside from giving a reward for an answer to a question?

Draw the H 4 Y structure of EDTA to demonstrate that it is a Zwitterion. Draw and name the components of a hollow cathode lamp, which is commonly used as light

17. the Commission rule on a square footage measurement requires a buyer broker to be responsible for a. verifying the accuracy of the measurement provided by t

Years after the Marshmallow experiment, the children who delayed gratification were compared to those who did not. How did the groups compare as teenagers? A. T

Business Analyst Excel Questions ( What would be the formulas ) Below is an explanation of the data in each sheet: Orders: January Orders placed in January 2020

Nate has 8 x (12 x 34 x 56) jelly beans. Walt has (12 x 34 x 56) jelly beans. How many times more jelly beans does Nate have than Walt?

gamingaiden31 gamingaiden31 · Answer 1 · 2020-11-15T05:32:09+01:00

Answer:

1. Explain what a medical sociologist means by "health and illness are social attributes influenced by social factors"

2. What is sick role? Why is this a cultural level process of health and illness?

3. Describe the micro level interaction seen in a doctor-patient interaction. Now describe the individual level effects of the doctor-patient interaction on health. Now describe the societal level effects on health of the doctor-patient interaction.

Explanation: