Asked by Elizaveta Alagoz on May 01, 2024
Verified
Which of the following statements is false?
A) Greater distance reduces the likelihood of migration.
B) Greater stocks of human capital result in greater personal productivity and earnings.
C) The majority of international migrants move to countries relatively close to their home countries.
D) Implicit costs of migrating are not affected by distance.
Implicit Costs
Expenses that are not directly paid for or incurred in cash, representing the opportunity cost of using resources owned by the business.
International Migrants
Individuals who move from their country of origin to another country, aiming to settle temporarily or permanently in the new country.
- Identify the core elements that drive people to relocate, such as job prospects and the desire for family reunification.
- Understand the significance of age and human capital factors in determining migration probabilities.
Verified Answer
RG
Rowland GallotMay 08, 2024
Final Answer :
D
Explanation :
Implicit costs of migrating, such as emotional distress from leaving family and familiar surroundings, can indeed be affected by distance. The greater the distance, the more significant these costs can become, as moving farther away can exacerbate feelings of isolation and detachment.
Learning Objectives
- Identify the core elements that drive people to relocate, such as job prospects and the desire for family reunification.
- Understand the significance of age and human capital factors in determining migration probabilities.