If unemployed workers leave a nation, the standard of living (national income per capita)will rise in that nation.

Question

Quizplus · Accepted Answer

When unemployed workers leave a nation, the denominator in the national income per capita calculation (total population) decreases while the numerator (national income) remains the same or could potentially increase due to a more efficient allocation of resources. This results in an increase in the national income per capita, which is often used as an indicator of the standard of living.

If Unemployed Workers Leave a Nation, the Standard of Living