If the rural wage is 4 and the formal modern sector urban wage rate is 10, rural to urban migration will persist, even with the new migrants adding to the total urban labor force, as long as the formal urban unemployment rate is Obelow 40 none of the options Obelow 60 Obelow 70 O all of the option...

Rural to urban migration will persist even with the new migrants adding to th ...

If the rural wage is 4 and the formal/modern sector urban wage rate is 10, rural...

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Principles of economics

ISBN: 978-0538453042

6th Edition

Authors: N. Gregory Mankiw

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If the rural wage is 4 and the formal/modern sector urban wage rate is 10, rural...

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